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Legal Opinion

In Re Price

United States Bankruptcy Court, E.D. North Carolina

Decided March 15, 1989No. 07-02454PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

A. THOMAS SMALL, Bankruptcy Judge.

On December 16,1988, the trustee in this chapter 7 case sold real property located in Wake County, North Carolina, by public auction to Planters National Bank (“Planters”) for $90,000. The purpose of this proceeding is to determine which creditors are entitled to the proceeds. A hearing was held in Raleigh, North Carolina, on March 6, 1989. The primary issue is the validity of the lien asserted by Southern National Bank (“Southern”). 1

FACTS

Rudy V. Price and Janet K. Price, the debtors in this chapter 7 case, borrowed $69,000 from…

2Cases cited13 opinions

  1. Turner v. . GlennSupreme Court of North Carolina · 1942
  2. Hege v. SellersSupreme Court of North Carolina · 1954
  3. Austin v. . StatenSupreme Court of North Carolina · 1900
  4. Hill v. Pinelawn Memorial Park, Inc.Supreme Court of North Carolina · 1981
  5. Angeles Real Estate Co. v. KerxtonCourt of Appeals for the Fourth Circuit · 1984

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3Cited by6 opinions

  1. Terlecky v. American Community Bank (In Re Godwin)United States Bankruptcy Court, S.D. Ohio · 1997
  2. First American National Bank v. Miller (In Re Miller)United States Bankruptcy Court, E.D. Tennessee · 1999
  3. Smith v. Mooney (In Re Smith)United States Bankruptcy Court, S.D. West Virginia · 1993
  4. Simpson v. Levitsky (In Re Levitsky)United States Bankruptcy Court, D. Maryland · 2008
  5. Cooper v. Mortgage Investors Corp. (In re Kline)United States Bankruptcy Court, W.D. North Carolina · 1999

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