Legal Opinion

First Hardin National Bank v. Damron (In Re Damron)

United States Bankruptcy Court, W.D. Kentucky

Decided July 28, 1980No. 19-40171PublishedCited by 13 opinions

1Opinion of the Court

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

MEMORANDUM AND ORDER

This action stems from a complaint by First Hardin National Bank (hereinafter the bank) to lift the automatic stay provided by 11 U.S.C. § 362. The bank contends that it holds a security interest in two vehicles owned by the debtors, Nancy and Robert J. Damron, Jr.

The Damrons seek avoidance of the bank’s lien under 11 U.S.C. § 522(f)(2)(B) 1 by claiming that their automobiles are “tools of their trade”.

On October 1,1979, the bank advanced to the Damrons a total of $2,857.69, not inclusive of fees and finance charges. To secure this…

2Cases cited6 opinions

  1. Credithrift of America, Inc. v. Meyers (In Re Meyers)United States Bankruptcy Court, E.D. Michigan · 1980
  2. Dowd v. HeusonSupreme Court of Kansas · 1927
  3. Holt v. FlournoyLouisiana Court of Appeal · 1945
  4. Lopp v. LoppCalifornia Court of Appeal · 1961
  5. Sun Ltd. v. CaseyCalifornia Court of Appeal · 1979

1 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Credithrift of America, Inc. v. Dubrock (In Re Dubrock)United States Bankruptcy Court, W.D. Kentucky · 1980
  2. In Re LangleyUnited States Bankruptcy Court, D. Maine · 1982
  3. Eagan v. Household Finance Corp. (In Re Eagan)United States Bankruptcy Court, N.D. New York · 1982
  4. Jerald James JOHNSTON, Debtor-Appellant, v. Gary BARNEY, Trustee-AppelleeCourt of Appeals for the Tenth Circuit · 1988
  5. Nazarene Federal Credit Union v. McNutt (In Re McNutt)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1988

8 more not listed; retrieve them via the Exa API.

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