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3. Kelvin Company has $5, 000 in its checking account, but no other assets. Kelvin owes $4000 to ...

3. Kelvin Company has $5, 000 in its checking account, but no other assets. Kelvin owes $4000 to a credit union, $3,000 to the landlord, $2500 to the construction company that remolded its offices a year ago and $1,000 to a metal supplier. On April 1, 2018 Kelvin paid $ 1,000 to the metal supplier. On August 1, 2018, Kelvin pays $2500 to the construction company, which left $1,500 for the $7,000 debt to the landlord and the credit union. On October 1, 2018 Kelvin filed for chapter 7 protection. Nilda Martinez ESQ was appointed as the chapter 7 trustee. Discuss what action if any Ms. Martinez is likely to take with respect to the payments.

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3. Kelvin Company has $5, 000 in its checking account, but no other assets. Kelvin owes $4000 to ...
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