Legal Opinion

Ambrose v. Advantage Funding Commercial Capital Corp. (In re Ambrose)

United States Bankruptcy Court, N.D. Georgia

Decided March 13, 2017No. Case No. 16-51326-JRSPublished

1Opinion of the Court

ORDER

James R. Sacca, U.S. Bankruptcy Court Judge

Before the Court is Debtor’s Objection to Proof of Claim of Advantage Funding Commercial Capital Corporation Claim # 12-1. (Doc. 61). The Objection is in regards to a deficiency claim arising from the sale of a 2009 Nissan UD 3300 Vocational Truck, Vin No. JNAPC81L79AC75035 (the “Collateral”) in which the creditor had a perfected first-priority lien.

Background

On February 5, 2015, Advantage Funding Commercial Capital Corporation (“Advantage Funding”) executed a Master Promissory Note and Security Agreement (the “Note”) with Ambrose Industrial…

2Cases cited18 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
  3. Emory University v. PorubianskySupreme Court of Georgia · 1981
  4. Imaging Systems International, Inc. v. Magnetic Resonance Plus, Inc.Court of Appeals of Georgia · 1997
  5. McEver v. Planners & Engineers Collaborative, Inc.Supreme Court of Georgia · 2008

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