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Legal Opinion

First National Bank of Mercer County v. Rankin (In Re Rankin)

United States Bankruptcy Court, W.D. Pennsylvania

Decided July 12, 1989No. 19-20417PublishedCited by 7 opinions

1Opinion of the Court

OPINION AND ORDER

WARREN W. BENTZ, Bankruptcy Judge.

Case Summary

The within Complaint was instituted by the First National Bank of Mercer County (“Bank”) to obtain relief from the automatic stay 1 to receive lifetime monthly payments owed to the debtor under a contract (“NYLIC”) with New York Life Insurance Company (“Company”). The payment rights were assigned by the debtor to the Bank as collateral for loan obligations.

The debtor also continues to earn renewal commissions on insurance policies sold by him prior to the filing of this bankruptcy. The Bank claims no interest in the renewal…

2Cases cited6 opinions

  1. In Re Komfo Products CorporationDistrict Court, E.D. Pennsylvania · 1965
  2. Cissell v. Zahneis (In Re Zahneis)United States Bankruptcy Court, S.D. Ohio · 1987
  3. Insley v. State Mutual Life Assurance Co.Supreme Court of Pennsylvania · 1939
  4. Petron Trading Co. v. Hydrocarbon Trading & Transport Co.District Court, E.D. Pennsylvania · 1986
  5. First National Bank of Mercer County v. Rankin (In re Rankin)District Court, W.D. Pennsylvania · 1984

1 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. In Re BlackerbyUnited States Bankruptcy Court, E.D. Pennsylvania · 1997
  2. Larson v. Cameron (In Re Larson)United States Bankruptcy Court, D. North Dakota · 1992
  3. In Re BraddyUnited States Bankruptcy Court, N.D. Florida · 1998
  4. Franklin First Savings Bank v. Kizis (In Re Kizis)United States Bankruptcy Court, M.D. Pennsylvania · 1999
  5. Stephenson v. First Union National Bank (In Re Berry)United States Bankruptcy Court, D. South Carolina · 1995

2 more not listed; retrieve them via the Exa API.

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