Legal Opinion
Turner v. First Community Credit Union
United States Bankruptcy Court, S.D. Texas
Decided July 11, 2011No. Bankruptcy No. 10-32706-H4-13; Adversary No. 10-03300PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION REGARDING PLAINTIFFS’ COMPLAINT FOR TURNOVER AND DAMAGES [Doc. No. 1]
JEFF BOHM, Bankruptcy Judge.
I. Introduction
This Memorandum Opinion concerns a financial institution’s right to freeze a depositor’s account after the depositor has filed a Chapter 13 petition. Case law is clear that the financial institution may *217freeze an account without violating the automatic stay. However, the question in this suit is whether the institution may freeze the account indefinitely or whether it is required, once it freezes the account, to promptly seek a lifting of the automatic stay in…
2Cases cited18 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
- United States v. James C. DunkelCourt of Appeals for the Seventh Circuit · 1991
- Thomas v. Union Carbide Agricultural Products Co.Supreme Court of the United States · 1985
- Commodity Futures Trading Commission v. SchorSupreme Court of the United States · 1986
13 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Trevino v. HSBC Mortgage Services, Inc. (In re Trevino)United States Bankruptcy Court, S.D. Texas · 2015
- In re City of DetroitUnited States Bankruptcy Court, E.D. Michigan · 2013
- In re City of DetroitUnited States Bankruptcy Court, E.D. Michigan · 2013
- Pulaski v. Dakota Financial, LLC (In re Pulaski)United States Bankruptcy Court, W.D. Wisconsin · 2012
- Calderon v. Bank of America Corp. (In re Calderon)United States Bankruptcy Court, E.D. Arkansas · 2013
5 more not listed; retrieve them via the Exa API.