In Re Wadsworth Building Components, Inc., Debtor, Gary L. McClendon Trustee v. Cal-Wood Door

NORRIS, Circuit Judge:

The question presented by this appeal is whether McClendon, the trustee in Bankruptcy of Wadsworth Building Components (Wadsworth), may under § 547 of the Bankruptcy Code avoid a payment made by Wadsworth to one of its creditors, Cal-Wood Door (Cal-Wood). We hold that the payment made by Wadsworth to Cal-Wood does not fit within any of the exceptions to *123§ 547 and is therefore voidable as a preferential payment.

I

In October, 1979 Cal-Wood sold Wads-worth goods and materials worth $21,-691.45. Wadsworth paid for the goods by check in December. When Cal-Wood deposited the…