Legal Opinion

In Re Allman

United States Bankruptcy Court, C.D. Illinois

Decided March 13, 1986No. 19-70128PublishedCited by 12 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

ROBERT E. GINSBERG, Bankruptcy Judge.

The debtor has filed a motion pursuant to 11 U.S.C. § 522(f)(2)(B) to avoid a non-purchase money security interest held by First Midwest Bank of Moline (“the Bank”) in the debtor’s tools of trade given to the Bank by the debtor when he borrowed $6,007 from the Bank prior to filing his Chapter 7 petition. Included as collateral for that loan was a 1981 Barr Utility trailer, ladders, aluminum stage plank, porta brake, two double step ladders, porta louvre cuttle, and a Craftsman arm saw. The debtor values this collateral at $1,600,…

2Cases cited4 opinions

  1. In the Matter of Richard E. BARKER, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
  2. Johnson v. Ford Motor Credit Co. (In Re Johnson)United States Bankruptcy Court, N.D. Illinois · 1985
  3. Matter of WeinbrennerUnited States Bankruptcy Court, W.D. Wisconsin · 1985
  4. Quidley v. Small Business Administration (In Re Quidley)United States Bankruptcy Court, E.D. Virginia · 1984

3Cited by12 opinions

  1. In Re De KleinmanUnited States Bankruptcy Court, S.D. New York · 1994
  2. In Re LichtenbergerUnited States Bankruptcy Court, C.D. Illinois · 2006
  3. In Re BrockhouseUnited States Bankruptcy Court, C.D. Illinois · 1998
  4. In Re JacksonUnited States Bankruptcy Court, C.D. Illinois · 1989
  5. In Re DalipUnited States Bankruptcy Court, N.D. Illinois · 1996

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