IN RE SANBORN

Bankruptcy No. 182-00223, Adv. No. 182-0220.

29 B.R. 655 (1983)

In re Karl Russell SANBORN Glennis Marie Sanborn, Debtors. Karl Russell SANBORN Glennis Marie Sanborn, Plaintiffs, v. BANGOR FEDERAL CREDIT UNION, Defendant.

United States Bankruptcy Court, D. Maine.

May 2, 1983.


Attorney(s) appearing for the Case

Louis H. Kornreich, Gross, Minsky, Mogul & Singal, Bangor, Me., for defendant.

Richard A. Estabrook, Bangor, Me., for plaintiffs.


MEMORANDUM DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

The debtors, Karl and Glennis Sanborn, seek a declaration under section 522(h) of the Bankruptcy Code that sums automatically deducted from Glennis Sanborn's salary and received by the defendant, Bangor Federal Credit Union, are avoidable preferences. 11 U.S.C.A. § 522(h) (1979). The credit union asserts that the deductions are protected from avoidance by section 547(c)(2). 11 U.S.C.A. §...

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