In Re Ulrich
United States Bankruptcy Court, C.D. Illinois
1Opinion of the Court
OPINION
LARRY L. LESSEN, Bankruptcy Judge.
The issue before the Court is whether the Debtor may claim an exemption in a vehicle upon which the Trustee has avoided a hen.
The material facts are not in dispute. The Debtor, Todd Ulrich, filed a petition pursuant to Chapter 7 of the Bankruptcy Code on July 1, 1996. The Debtor scheduled in his personal property a 1989 Ford Thunderbird with a current market value of $5,300 and a hen to the Farmers State Bank of $14,000.00. The Debtor did not claim an exemption in the vehicle. The Debtor’s schedule of secured claims indicates that the Thunderbird was…
2Cases cited4 opinions
- In Re John L. Glass, Debtor. John L. Glass v. Michael Hitt, Chapter 7 TrusteeCourt of Appeals for the Ninth Circuit · 1995
- Hitt v. Glass (In Re Glass)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1994
- Peterson v. ZieglerAppellate Court of Illinois · 1976
- Ryen v. Marine Midland Bank, N.A. (In re Smith)District Court, D. New York · 1989
3Cited by15 opinions
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- In Re BrennanUnited States Bankruptcy Court, S.D. Illinois · 1997
- In Re KelleyUnited States Bankruptcy Court, E.D. Arkansas · 2011
- In Re CarterUnited States Bankruptcy Court, W.D. Oklahoma · 2006
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