Legal Opinion

In re Henderson

United States Bankruptcy Court, D. Nevada

Decided May 22, 2013No. Nos. BK-S-12-23691-BAM, BK-S-12-23954-BAM, BK-S-12-24017-BAM, BK-S-13-10960-BAM, BK-S-13-11417-BAMPublishedCited by 1 opinion

1Opinion of the Court

OPINION DISAPPROVING REAFFIRMATION AGREEMENTS

BRUCE A. MARKELL, Bankruptcy Judge.

I. INTRODUCTION

These cases each present a common factual scenario: debtors who wish to reaffirm a car loan that exceeds the value of the car that serves as collateral. The debtors each wish to reaffirm the loan because a car is, among other things, essential to keeping their employment. Even though all debtors are current on their payments, they fear repossession because their purchase contracts make a bankruptcy filing an event of default that allows repossession.

Controlling Nevada law, however, has recently…

2Cases cited16 opinions

  1. In Re David P. Parker, Sr., Debtor. McClellan Federal Credit Union v. David P. Parker, Sr.Court of Appeals for the Ninth Circuit · 1998
  2. Samson v. Western Capital Partners, LLC (In re Blixseth)Court of Appeals for the Ninth Circuit · 2012
  3. In Re RoweUnited States Bankruptcy Court, D. Kansas · 2006
  4. In Re SteinhausUnited States Bankruptcy Court, D. Idaho · 2006
  5. In Re AndersonUnited States Bankruptcy Court, D. Delaware · 2006

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3Cited by1 opinion

  1. Nuckoles v. Ford Motor Credit Co. (In re Nuckoles)United States Bankruptcy Court, W.D. Virginia · 2016

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