Wilkey v. Credit Bureau Systems, Inc. (In Re Clark)

MEMORANDUM

DAVID T. STOSBERG, Bankruptcy Judge.

This matter comes before the Court on the Motion of the Defendant, Credit Bureau Systems, Inc. for summary judgment and on the corresponding Motion of Plaintiff, Russ Wil-key, Trustee, for summary judgment. The precise issue in this case centers around an interpretation of 11 U.S.C. § 547(c)(7).

The facts of this case are quite simple. The Trustee has sued the Defendant to recover money from five (5) garnishments which were made within 90 days of filing as preferential transfers. The debtors filed bankruptcy on July 19, 1998. The money from the…