In re Bill
United States Bankruptcy Court, D. Idaho
1Opinion of the Court
MEMORANDUM OF DECISION
Honorable Jim D. Pappas, United States Bankruptcy Judge
Introduction
Before he filed for bankruptcy, chapter 71 debtor Trevor Bill (“Debtor”) jointly owned a boat, motor, and trailer with his mother, Sheryl Bill (“Sheryl”).2 The boat was encumbered by a security interest the Bills had granted to creditor Dixon Capital, LLC (“Dixon”) to secure a loan to Sheryl, which Debtor agreed to co-sign. Shortly after Debtor filed the bankruptcy petition, at Sheryl’s request, Dixon agreed to release its security interest so Sheryl could transfer ownership of the boat to herself, alone.…
2Cases cited10 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
- In Re Straightline Investments, Inc.Court of Appeals for the Ninth Circuit · 2008
- Hopkins v. Suntrust Mortgage, Inc. (In Re Ellis)United States Bankruptcy Court, D. Idaho · 2010
- In Re WoodsUnited States Bankruptcy Court, D. Idaho · 2008
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3Cited by5 opinions
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- FELDMAN v. PEOPLE FIRST FEDERAL CREDIT UNIONDistrict Court, E.D. Pennsylvania · 2020
- Feldman v. People First Federal Credit UnionUnited States Bankruptcy Court, E.D. Pennsylvania · 2019
- IDC Enterprises, Inc.United States Bankruptcy Court, D. Idaho · 2021