Legal Opinion
In Re Christy
United States Bankruptcy Court, C.D. Illinois
Decided March 4, 2004No. 15-90556PublishedCited by 1 opinion
1Opinion of the Court
OPINION
LARRY L. LESSEN, Bankruptcy Judge.
This issue before the Court is whether a portion of the pre-petition accounts receivable of the Debtor’s medical corporation are exempt as wages under 735 ILCS 5/12-803.
The Debtor, Jeffrey Christy, filed a petition pursuant to Chapter 7 of the Bankruptcy Code on November 5, 2002. Clay Cox was subsequently appointed Chapter 7 Trustee.
At the time he filed his petition, the Debtor, a cardiovascular surgeon, owned 50% of the outstanding stock of a medical corporation known as Springfield Cardiovascular Surgery, S.C. The medical corporation has five…
2Cases cited6 opinions
- In Re: Nell Carter, Debtor. Nell Carter v. Peter C. Anderson, Chapter 7trustee,appelleeCourt of Appeals for the Ninth Circuit · 1999
- In Re Edward R. Fitzsimmons, Debtor. Edward R. Fitzsimmons v. Edward M. Walsh, Trustee, and Official Creditors' CommitteeCourt of Appeals for the Ninth Circuit · 1984
- In Re Molina Y VediaUnited States Bankruptcy Court, S.D. Texas · 1992
- Litzler v. Sholdra (In Re Sholdra)United States Bankruptcy Court, N.D. Texas · 2001
- California-Peterson Currency Exchange, Inc. v. FriedmanAppellate Court of Illinois · 2000
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3Cited by1 opinion
- In Re ThumUnited States Bankruptcy Court, C.D. Illinois · 2005