Legal Opinion
First National Bank of Mercer County v. Mirage (In re Mirage)
District Court, W.D. Pennsylvania
Decided July 14, 1983No. Bankruptcy No. 82-00554; Adv. No. 82-0449Published
1Opinion of the Court
MEMORANDUM AND ORDER ON COMPLAINT TO DETERMINE DISCHARGEABILITY
WILLIAM B. WASHABAUGH, Jr., Bankruptcy Judge:
In May of 1979, the debtor purchased a new Pontiac, Bonneville car with money borrowed from the plaintiff bank in the sum of $10,741.44 as security for which it obtained a perfected security interest by noting its lien on the certificate of title for said vehicle. In June of 1981 the debtor told an employee of the bank that her monthly payments were too high and she would like to transfer title to the car to her father; that he would transfer title to his older car to her and she would…
2Cases cited4 opinions
- Third Nat. Bank v. SchattenCourt of Appeals for the Sixth Circuit · 1936
- Matter of MilbankUnited States Bankruptcy Court, S.D. New York · 1979
- Rutland Savings Bank v. Norton (In Re Norton)United States Bankruptcy Court, D. Vermont · 1980
- Trachsel v. Flanzbaum (In re Flanzbaum)United States Bankruptcy Court, S.D. Florida. · 1980