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MATTER OF LITTLETON

Adv. No. 187-0021.

82 B.R. 640 (1988)

In the Matter of Harold Ray LITTLETON (Chapter 7 Case 186-00980), Debtor. James D. WALKER, Jr., Trustee, Plaintiff, v. Harold Ray LITTLETON, Philadelphia Savings Fund Society, and First Federal Savings and Loan Association, Defendants.

United States Bankruptcy Court, S.D. Georgia, Augusta Division.

January 18, 1988.

Attorney(s) appearing for the Case

James D. Walker, Jr., Augusta, Ga., for plaintiff.

C. Stanley Lowery, Martinez, Ga., for Littleton.

Andrew J. Kilpatrick, II, Chuck R. Pardue, Martinez, Ga., for PSFS.

William A. Trotter, III, Augusta, Ga., for FFS & LA.

MEMORANDUM AND ORDER

LAMAR W. DAVIS, Jr., Bankruptcy Judge.

Plaintiff, acting in his capacity as Chapter 7 Trustee, has brought this adversary proceeding under Sections 548 and 550 to recover the value of an alleged fraudulent transfer. The adversary arises out of a foreclosure proceeding on the Debtor's property. After consideration of the evidence adduced at the trial on August 26, 1987, I make the following Findings...

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