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MATTER OF SCHNEIDER

Adv. No. 84-0184-11.

44 B.R. 961 (1984)

In the Matter of Lyle M. SCHNEIDER a/k/a Lyle Schneider, Sandra K. Schneider a/k/a Sandra Schneider, Debtors. Lyle M. SCHNEIDER and Sandra K. Schneider, Plaintiffs, v. PHILIPPS AG CHEMICAL CO., INC., A Wisconsin Corporation, Defendant.

United States Bankruptcy Court, W.D. Wisconsin.

December 18, 1984.

Attorney(s) appearing for the Case

Mark Bromley, Kinney, Urban Schrader, Bromley & Kussmaul, Lancaster, Wis., for plaintiffs.

Thomas H. Strakeljahn, Hoskins, Brown & Kalnins, Lancaster, Wis., for defendant.

DECISION AND ORDER

ROBERT D. MARTIN, Bankruptcy Judge.

Philipps Ag Chemical Co., Inc. ("Philipps") was granted a judgment against the debtors Lyle and Sandra Schneider ("the Schneiders") on April 2, 1984. The Schneiders filed in bankruptcy under chapter 11 ninety-one days later, on Monday, July 2, 1984. As debtors in possession, the Schneiders seek to have the judgment lien of Philipps avoided as a preference under 11 U.S.C. § 547(b)(4) claiming that...

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