Schechter v. 5841 Building Corp. (In Re Hansen)
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
A. BENJAMIN GOLDGAR, Bankruptcy Judge.
Since at least 2000, debtor Chris Hansen has worked as an officer of several small, mostly unsuccessful companies that compound and blend motor oil. See Schechter v. Hansen (In re Hansen), 325 B.R. 746, 751 (Bankr.N.D.Ill.2005). In 2001, Hansen sold his house and used $100,000 of the proceeds to keep one of those companies, APMC Oil Company, afloat. The payments, though, were not made directly to APMC. Instead, Hansen transferred the money to another company, 5841 Building Corporation. 5841 then paid the money to APMC. Richard Stiefel…
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