IN RE CHAMBLIN

Bankruptcy No. 288-20239-7.

107 B.R. 122 (1989)

In re Howard C. CHAMBLIN, a/k/a H.C. Chamblin and Caroline R. Chamblin, Debtors.

United States Bankruptcy Court, N.D. Texas, Amarillo Division.

November 20, 1989.


Attorney(s) appearing for the Case

Jim Clements, Amarillo, Tex., Trustee-in-Bankruptcy.

Arthur Glover, Amarillo, Tex., for debtor.

Larry Sherman, Gibson, Ochsner & Adkins, Amarillo, Tex., for FNB Amarillo.


MEMORANDUM OF OPINION ON SETOFF

JOHN C. AKARD, Bankruptcy Judge.

The First National Bank of Amarillo (Bank) challenges the application of § 553(b) of the United States Bankruptcy Code1 to the amount the Debtor's deposit account increased during the 90 day pre-petition preference period. The specific issue before the court is whether a trustee recovers amounts authorized under § 553(b) free and clear of the creditor...

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