IN RE CHEQNET SYSTEMS, INC.

Bankruptcy No. 97-40464 S, Adversary No. 98-4019.

227 B.R. 166 (1998)

In re CHEQNET SYSTEMS, INC. M. Randy RICE, Trustee, Plaintiff, v. CITIZENS FIRST BANK OF FORDYCE and Susan Montgomery and all members of the pending class, Defendants.

United States Bankruptcy Court, E.D. Arkansas, Little Rock Division.

October 2, 1998.


Attorney(s) appearing for the Case

M. Randy Rice, Little Rock, AR, for Plaintiff or Petitioner.

A.J. Kelly and Lance Miller, Little Rock, AR, for Defendant or Respondent.


ORDER DENYING MOTION FOR SUMMARY JUDGMENT

MARY D. SCOTT, Bankruptcy Judge.

THIS CAUSE is before the Court upon a motion for summary judgment filed by Citizens First Bank of Fordyce on July 7, 1998. Prior to filing a chapter 7 case, the debtor was in the business of check collection. The debtor contracted with merchants to pursue recovery of returned and uncollected checks and remit a portion of the recovery...

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