IN RE OWEN

Bankruptcy No. 89-1112.

104 B.R. 929 (1989)

In re Donald R. OWEN, Debtor. Charles E. COVEY, Trustee, Plaintiff-Appellant, v. UNITED FEDERAL SAVINGS AND LOAN ASSOCIATION OF ILLINOIS, Defendant-Appellee.

United States District Court, C.D. Illinois.

September 1, 1989.


Attorney(s) appearing for the Case

Mr. James S. Brannon, Peoria, Ill., for plaintiff.

Mr. John M. Hanlon, Galesburg, Ill., for defendant.


ORDER

MIHM, District Judge.

In this bankruptcy appeal, the Court is asked to resolve two issues:

(1) Was either the sale of the Debtor's residence, or the payment of a creditor's previously unsecured claim, within 90 days of the filing of the bankruptcy petition, a transfer for the benefit of that creditor?

(2) Can the transfer of exempt property be a voidable preference under Bankruptcy Code § 547(b)?

Although the Bankruptcy...

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