Legal Opinion

In RE D. McGRANN

United States Bankruptcy Court, E.D. Pennsylvania

Decided October 15, 1980No. 19-10490PublishedCited by 3 opinions

1Opinion of the Court

OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

In the instant proceeding, debtors seek court approval of an agreement to reaffirm two (2) consumer debts which are not secured by real property. 1 The obligations are as follows: $972.00 for a Magna vox color television set and $4,710.04 for a 1972 Buick Electra and 1978 Suzuki motorcycle. The television set, at the time of purchase in October, 1979, listed at $850.00, and its present value is approximately half of that. 2 The estimated value of the Buick is $600.00, and the Suzuki $2,100.00. 3

Section 524(c) of the Bankruptcy Reform Act of 1978…

2Cases cited2 opinions

  1. Matter of AvisUnited States Bankruptcy Court, S.D. Ohio · 1980
  2. In Re JenkinsUnited States Bankruptcy Court, E.D. Virginia · 1980

3Cited by3 opinions

  1. Chandler Bank of Lyons v. Ray (In Re Ray)United States Bankruptcy Court, D. Kansas · 1983
  2. Chrysler Credit Corp. v. Sparago (In Re Sparago)United States Bankruptcy Court, E.D. New York · 1983
  3. In Re LaynasUnited States Bankruptcy Court, E.D. Pennsylvania · 2006

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