Legal Opinion
Pitcock v. First Bank (In Re Pitcock)
United States Bankruptcy Court, N.D. Texas
Decided May 8, 1997No. 19-30031PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OF OPINION ON COMPLAINT TO DETERMINE EXTENT AND VALIDITY OF LIEN
JOHN C. AKARD, Bankruptcy Judge.
David Leslie Pitcock, the Debtor in the captioned Chapter 12 case, filed a motion to determine the validity and priority of lien on pasture rents paid to the Debtor, without ruling on the validity of the lien, the court finds that the value of the lien, if it did exist, is zero. Therefore the lender, First Bank of Muleshoe (Bank), is an unsecured creditor. 1
FACTS 2
For a number of years the Debtor engaged in a family fanning business in Bailey and Lamb Counties, Texas. A normal custom for…
2Cases cited5 opinions
- Bankr. L. Rep. P 74,541 in the Matter of Senior-G & a Operating Co., Inc., Debtor. Psi, Inc. Of Missouri v. H. Kent AguillardCourt of Appeals for the Fifth Circuit · 1992
- In Re PaulUnited States Bankruptcy Court, D. North Dakota · 1988
- In Re ElliottUnited States Bankruptcy Court, W.D. Missouri · 1986
- In Re ByrdUnited States Bankruptcy Court, N.D. Ohio · 1988
- In Re GarrisonUnited States Bankruptcy Court, E.D. Kentucky · 1988
3Cited by3 opinions
- Marquette Bank Illinois v. Covey (In Re Classic Coach Interiors, Inc.)United States Bankruptcy Court, C.D. Illinois · 2002
- In re O'ConnorUnited States Bankruptcy Court, S.D. Alabama · 2002
- In re: Frank Perez Serrano and Damaris Romero MaldonadoUnited States Bankruptcy Court, D. Puerto Rico · 2005