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IN RE CONTINENTAL CAPITAL & CREDIT, INC.

Bankruptcy No. SA 89-01233JW, Adv. No. SA 92-01519JW.

158 B.R. 828 (1993)

In re CONTINENTAL CAPITAL & CREDIT, INC., a California corporation, Debtor. Charles W. DAFF, Trustee, Plaintiff, v. REGAL RECOVERY INC., a California corporation, Defendant.

United States Bankruptcy Court, C.D. California.

September 1, 1993.

Attorney(s) appearing for the Case

D. Edward Hay, Rus, Miliband, Williams & Smith, Irvine, CA, for plaintiff, Charles W. Daff, Trustee.

Kevin Carey, Schall, Boudreau & Gore, San Diego, CA, for defendant, Regal Recovery, Inc.

MEMORANDUM OF DECISION

JOHN J. WILSON, Bankruptcy Judge.

I. Introduction

Chapter 7 Trustee, Charles W. Daff ("Trustee") filed an adversary complaint against Defendant, Regal Recovery Agency, Inc. ("Regal Recovery") seeking to avoid and recover $9,904.50 of alleged preferential transfers pursuant to 11 U.S.C. § 547. Regal Recovery filed a motion to dismiss, or in the alternative, for judgment on the pleadings. Regal Recovery contends that the...

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