Bank of America, N.A. v. Mukamai

SCHLESINGER, District Judge:

This matter arises from an appeal of the District Court’s Final Judgment affirming the Judgment of the United States Bankruptcy Court for the Southern District of Florida. This appeal presents the question of whether the payment of a credit card debt using balance transfers and credit card advances, drawn on other credit cards, constitutes property of a debtor so that the transfers are avoidable preferences under the Bankruptcy Code.

I

Around August of 2006, Gisela Egidi decided to consolidate her debt into one credit card. Using cash advances made on a line of…