Reynard v. Bank of America, N.A. (In re Resler)

*838MEMORANDUM OF DECISION

TERRY L. MYERS, CHIEF U.S. BANKRUPTCY JUDGE

In the chapter 7 case filed by Timothy Resler (“Resler”) and Kimberly Resler (collectively “Debtors”), the trustee, Janine P. Reynard (“Trustee”), commenced an adversary proceeding against Bank of America (“BofA”) to avoid under § 547 a security interest held by BofA.1 Peterson, Japan, LLC (“Peterson”) filed a motion to intervene, which this Court granted.2 Trial was held on May 25, 2016, and the matter was taken under advisement. This Decision constitutes the Court’s findings of fact and conclusions of law. Rule 7052.

FACTS3

In…