In Re Allman
United States Bankruptcy Court, C.D. Illinois
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
- In the Matter of Richard E. BARKER, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
- Johnson v. Ford Motor Credit Co. (In Re Johnson)United States Bankruptcy Court, N.D. Illinois · 1985
- Matter of WeinbrennerUnited States Bankruptcy Court, W.D. Wisconsin · 1985
- Quidley v. Small Business Administration (In Re Quidley)United States Bankruptcy Court, E.D. Virginia · 1984
3Cited by12 opinions
- In Re De KleinmanUnited States Bankruptcy Court, S.D. New York · 1994
- In Re LichtenbergerUnited States Bankruptcy Court, C.D. Illinois · 2006
- In Re BrockhouseUnited States Bankruptcy Court, C.D. Illinois · 1998
- In Re JacksonUnited States Bankruptcy Court, C.D. Illinois · 1989
- In Re DalipUnited States Bankruptcy Court, N.D. Illinois · 1996
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