OPINION

DAVID T. THUMA, Bankruptcy Judge.

Debtor Amberly Encinias repaid a loan from her mother, the Defendant, about two months before this chapter 7 case was filed. The Court now addresses whether to grant the Plaintiff's summary judgment motion that the repayment is an avoidable preferential transfer. The Court concludes that Plaintiff did not provide admissible evidence that the transfer enabled Defendant to receive more than she would have if the transfer had not occurred. As this is an element of an avoidable preference claim, the Plaintiff's motion will be denied.

I. FACTS NOT SUBJECT TO GENUINE DISPUTE1

The Court finds that, for the purposes of ruling on the motion for summary judgment, the following facts are not in genuine dispute:2

Amberly Encinias (the "Debtor") filed her voluntary petition for relief under chapter 7 of the Bankruptcy Code on December 13, 2016.

Janice A. Encinias ("Defendant") is Debtor's mother. Defendant represents herself in this adversary proceeding.

Debtor and her son were involved in a car accident in August 2015. Debtor struggled to pay rent and other bills after the accident. She was unable to work or continue with school for a time, and also had to take care of her son's injuries.

Defendant loaned Debtor $775 a month from January 2016 through October 2016. Defendant got this money from her retirement account. The total amount loaned was $9,300.

Debtor planned to pay her mother back when Debtor received money in settlement of her car accident claim.

At some point before October 13, 2016, Debtor received a settlement check, for an unspecified amount.

On or about October 13, 2016, Debtor paid the Defendant $7,685 (the "Transfer") in partial or full payment of the $9,300 loan.

Defendant is experiencing financial hardship. She used the $7,685 to pay her own bills, has a husband with significant medical problems, and recently lost a rental property to foreclosure. Collecting any judgment may prove difficult.

Debtor filed this bankruptcy case pro se, although she had the assistance of a bankruptcy petition preparer. Her bankruptcy schedules and statement of financial affairs were not very well done. For example, she did not list the Transfer on her Statement of Financial Affairs. There is no mention of the accident settlement proceeds. The only two items of personal property scheduled are a car and "clothing." Debtor's Schedule J does not list rent as an expense, even though she was renting a house when she filed her case (this omission was later corrected.)

The Debtor's bankruptcy schedules indicate that she insolvent on the petition date. Defendant admits Debtor's insolvency.

II. DISCUSSION

A. Summary Judgment Standards.

The proper use of summary judgment streamlines litigation and avoids the unnecessary expense of proceeding to trial. See Farnell v. Albuquerque Publ'g Co., 589 F.2d 497, 502 (10th Cir. 1978) ("[S]ummary judgment is a useful tool which may avoid needless trials.") (citation omitted); Mitchell v. Zia Park, LLC, 842 F.Supp.2d 1316, 1321 (D.N.M. 2012) ("Principal purposes of summary judgment include streamlining litigation and saving needless time and expense by isolating and disposing of purely legal issues and factually unsupported claims and defenses.") (citing Celotex Corp. v. Catrett, 477 U.S. 323-24, (1986) (remaining citation omitted)). In accordance with Fed. R. Civ. P. 56, the Court will grant summary judgment when the requesting party demonstrates that there is no genuine dispute as to a material fact and that the movant is entitled to judgment as a matter of law. See Fed. R. Civ. P. 56(a), made applicable to adversary proceedings by Fed. R. Bankr. P. 7056. "[A] party seeking summary judgment always bears the initial responsibility of informing the . . . court of the basis for its motion, and . . . [must] demonstrate the absence of a genuine issue of material fact." Celotex Corp., 477 U.S. at 323.

In considering a motion for summary judgment, the Court must "examine the factual record and reasonable inferences therefrom in the light most favorable to the party opposing summary judgment." Wolf v. Prudential Ins. Co. of America, 50 F.3d 793, 796 (10th Cir. 1995) (quoting Applied Genetics Int'l, Inc. v. First Affiliated Sec., Inc., 912 F.2d 1238, 1241 (10th Cir. 1990)). The party opposing summary judgment "may not rest on its pleadings, but must bring forward specific facts showing a genuine issue for trial as to those dispositive matters for which it carries the burden of proof." Kannady v. City of Kiowa, 590 F.3d 1161, 1169 (10th Cir. 2010) (quoting Jenkins v. Wood, 81 F.3d 988, 990 (10th Cir. 1996)). To resist a properly supported motion for summary judgment, the opposing party may not rely on the allegations in the complaint or the denials contained in the answer, "but must set forth specific facts showing that there is a genuine issue for trial" through affidavits or other supporting evidence. Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 256 (1986) (internal quotation marks omitted).

B. Avoidable Preferential Transfers.

Section 547 of the Bankruptcy Code empowers the Trustee to avoid preferential transfers for the benefit of the bankruptcy estate. It provides in relevant part:

11 U.S.C. § 547(b). Stated in non-statutory language, a transfer must satisfy six conditions to qualify as an avoidable, preferential transfer:

See Brown v. KOT, Inc. (In Hertzler Halstead Hosp.), 334 B.R. 276, 286 (Bankr. D. Kan. 2005) (citing In re M & L Bus. Mach. Co., Inc., 84 F.3d 1330, 1339 (10th Cir. 1996)). The trustee bears the burden of proving every element establishing a preferential transfer by a preponderance of the evidence. See 11 U.S.C. § 547(g) ("the trustee has the burden of proving the avoidability of a transfer under subsection (b)"); ABB Vecto Gray, Inc. v. First Nat'l Bank (In re Robinson Bros. Drilling, Inc.), 9 F.3d 871, 874 (10th Cir. 1993) ("a trustee seeking to avoid an allegedly preferential transfer under § 547 `has the burden of proving by a preponderance of the evidence every essential, controverted element resulting in the preference.'") (quoting 4 Collier on Bankruptcy, ¶ 547.21[5] at 547-93 (15th Ed. 1993)); Payne v. Clarendon Nat'l Ins. Co. (In re Sunset Sales, Inc.), 220 B.R. 1005, 1017 (10th Cir. BAP 1998) (it is "the Trustee's burden to establish all elements of § 547(b), including insolvency.").

C. The Avoidability of the Transfer.

The Court will analyze each of the six elements outlined above to determine whether the Plaintiff is entitled to summary judgment that the Transfer is avoidable.

1. The Debtor must have had an interest in the transferred property. There can be no avoidable transfer unless the debtor had an interest in the property transferred. Here, the Defendant admitted that the money she received was from the Debtor's car accident settlement proceeds.

2. The transfer must be to a creditor, or for the benefit of a creditor. Section 101(10) defines a creditor as an "entity that has a claim against the debtor that arose at the time of or before the order for relief concerning the debtor." A "claim" is

Defendant loaned Debtor $9,300 and has a claim against the Debtor in this bankruptcy case. Defendant admits that she loaned the Debtor $9,300, and that she received the Transfer in partial repayment of that loan. There is no dispute, therefore, that the Transfer was made to a creditor.

3. The transfer must be on account of a debt owed by the debtor to the creditor before the transfer was made. An antecedent debt is one incurred before the allegedly preferential transfer was made. G.G. Survivor Creditor Corp. v. Harari (In re G. Survivor Corp.), 217 B.R. 433, 440 (Bankr. S.D.N.Y. 1998); 4 Collier on Bankruptcy ¶ 547.03[4] (16th ed.) ("[A] debt is antecedent if it is incurred before the transfer: the debt must have preceded the transfer."). Here, Defendant's loans to her daughter were made between January and October, 2016. The Transfer occurred October 13, 2016. Debtor's debt obligation to Defendant preceded the Transfer. Further, there is nothing in the record indicating that the payment was not "on account of" the loan. On the contrary, the Defendant admits that the Transfer reduced or extinguished Debtor's obligation to the Defendant.

4. The transfer must be made when the debtor is insolvent. The Bankruptcy Code defines "insolvent" as:

"Entity" includes persons. § 101(15).

There is a presumption of insolvency "on and during the 90 days immediately preceding the date of the filing of the petition." § 547(f). This presumption, if not rebutted by Defendant, is sufficient to grant the Trustee summary judgment. See Sandoz v. Fred Wilson Drilling Co. (In re Emerald Oil Co.), 695 F.2d 833, 835 (5th Cir. 1983) (affirming the bankruptcy court's grant of summary judgment on the issue of insolvency where the opposing party failed to sufficiently rebut the presumption to trigger the requirement for the trustee to provide additional evidence of insolvency at the time of the transfer); Floyd v. Shindler (In re Rodriguez), 204 B.R. 510, 517 (Bankr. S.D. Tex. 1995) (citation omitted) ("A trustee is not required to present evidence on insolvency [for transfers made within 90 days before the petition date] unless a defendant first presents some evidence to rebut the presumption") (citation omitted); Maloney-Crawford, Inc. v. Huntco Steel, Inc., (In re Maloney-Crawford, Inc.), 144 B.R. 531, 535-537 (Bankr. N.D. Okla. 1992) (where creditor provided insufficient evidence to rebut the presumption of insolvency, the undisputed facts were sufficient to establish insolvency for purposes of avoiding a preferential transfer under § 547(b)).

Here, the Transfer occurred within 90 days of the petition date, so the insolvency presumption applies. Further, in her answer Defendant admits that Debtor was insolvent when the Transfer was made.

5. The transfer must have occurred within the preference period. The "insider" preference period in this case is between December 13, 2015 and December 12, 2016. The non-insider preference period is between September 14, 2016 and December 13, 2016. The Defendant admits that the Transfer was made on October 13, 2016. Whether or not Defendant is an insider (and it seems clear that she is), the Transfer occurred well within the preference period.

6. The transfer must enable the creditor to receive more than the creditor otherwise would have received if the transfer had not occurred and the bankruptcy estate were liquidated under Chapter 7. This element can be satisfied by undisputed evidence that unsecured creditors would not be paid in full in a hypothetical chapter 7 liquidation. See, e.g., Palmer Clay Products Co. v. Brown, 297 U.S. 227, 229 (1936) (a pre-petition payment of 10% on a claim "will necessarily result in such creditor receiving a greater percentage than other creditors, if the distribution in bankruptcy is less than 100 per cent").4 If the bankruptcy estate is too small to pay unsecured claims in full, any pre-petition distribution to an unsecured creditor would enable that creditor to receive more than it would get had the transfer not been made. See Still v. Rossville Bank (In re Chattanooga Wholesale Antiques, Inc.), 930 F.2d 458, 465 (6th Cir. 1991) ("Unless the estate is sufficient to provide a 100% distribution, any unsecured creditor . . . who receives a payment during the preference period is in a position to receive more than it would have received under a Chapter 7 liquidation.") (citation omitted); Elliott v. Frontier Properties (In re Lewis W. Shurtleff, Inc.), 778 F.2d 1416, 1421 (9th Cir. 1985) (same); Vaso, 537 at 189 (same).

The petition date is the relevant date for conducting the hypothetical liquidation analysis. In re Castletons, Inc., 990 F.2d 551, 554 (10th Cir. 1993). The Court therefore must include the value of the transferred asset before evaluating the "hypothetical liquidation" to determine the expected distribution to creditors through a Chapter 7 liquidation. See In re Connolly North America, LLC, 398 B.R. 564, 571 (Bankr. E.D. Mich. 2008) (explaining that the court determines "the liquidation value of the assets that were in the bankruptcy estate when the bankruptcy petition was filed, and . . . add[s] to that the value of the allegedly preferential transfers that the Trustee seeks to avoid."). The Court then compares what the transfer enabled the creditor to receive with what the creditor would have received if case were administrated under Chapter 7, including the transferred asset. See Castletons, 990 F.2d at 555 (§ 547(b)(5) requires that the transfers enable the creditor "to receive more on its debt than would be available to it in a Chapter 7 distribution").

Here, Defendant clearly received a substantial payment within the preference period on account of antecedent debt. However, there is no admissible evidence about the amount unsecured creditors would receive in a hypothetical chapter 7 liquidation. The Plaintiff relies on the Debtor's schedules to support this element of his case, but those schedules are not admissible evidence against Defendant.5 An affidavit from the Plaintiff, stating that general unsecured creditors will receive at best nominal distribution and will in no event receive full payment, may satisfy the requirement. See, e.g., In re All American of Ashburn, Inc., 65 B.R. 303 (Bankr. N.D. Ga. 1986).

As the Plaintiff provided no affidavit or other evidence to support his position on this issue, the Court cannot grant the summary judgment motion.

III. CONCLUSION

The Plaintiff carried his burden of proving all elements of an avoidable preference claim except for one. Because there is no evidence about the projected dividend in a hypothetical chapter 7 liquidation, the Plaintiff's motion for summary judgment must be denied.