Coleman v. J & B Enterprises, Inc. (In Re Veterans Choice Mortgage)
United States Bankruptcy Court, S.D. Georgia
1Opinion of the Court
ORDER
JOHN S. DALIS, Chief Judge.
The Trustee objects to the claim of J & B Enterprises, Inc (herein “J & B”) filed in this case. Under Title 11 U.S.Code, the Bankruptcy Code, the property rights and priorities of secured creditors outside of bankruptcy are preserved. To the extent J & B is a pre-transfer creditor, it’s pre-petition hen will attach to any property recoverable by the trustee as an 11 U.S.C. § 548 fraudulent conveyance, and under those circumstances it’s claim is superior to that of the trustee. To the extent J & B is a post-transfer creditor it’s pre-petition hen will attach to…
2Cases cited12 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Joseph COHEN, Plaintiff-Appellee, v. Joseph BUCCI, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1990
- Barber v. McCord Auto Supply, Inc. (In Re Pearson Industries, Inc.)United States Bankruptcy Court, C.D. Illinois · 1995
- Fidelity & Deposit Co. v. Exchange BankSupreme Court of Georgia · 1897
- First National Bank v. BaylessSupreme Court of Georgia · 1895
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- Rajesh C PatelUnited States Bankruptcy Court, N.D. Georgia · 2019
- Scarver v. Zurich American Insurance CompanyUnited States Bankruptcy Court, N.D. Georgia · 2021