Parks v. Boeing Wichita Credit Union (In Re Fox)

MEMORANDUM OPINION

ROBERT E. NUGENT, Chief Judge.

Plaintiff, Linda S. Parks, trustee of the bankruptcy estate of Steven and Brenda Fox, seeks to recover as a preferential transfer $3,400 paid by Capital One to defendant Boeing Wichita Credit Union by use of a “balance transfer.” The trustee and the creditor agreed to submit this matter to the Court on stipulated facts and briefs. 1 Having reviewed those, the Court is now prepared to rule.

Jurisdiction

The Court has jurisdiction over this proceeding. 28 U.S.C. § 1334. This adversary proceeding is a core proceeding. 28 U.S.C. § 157(b)(2)(K).

Facts

The…