Legal Opinion
In Re Wetzel
United States Bankruptcy Court, W.D. New York
Decided January 2, 1992No. 1-19-10089PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM AND DECISION
EDWARD D. HAYES, Bankruptcy Judge.
The Summit Federal Credit Union, a creditor in this bankruptcy proceeding, claims that it is entitled to relief from stay under 11 U.S.C. § 362(d) to foreclose on the debtor’s vehicle since the debtor has no equity in the automobile. Summit Federal asserts that the security agreement which it entered into with the debtor encompassed prior and future advances in addition to the loan detailed in the agreement. The debtor asserts that there is only one loan, of which $2,913.12 remains to be paid, which is secured by the automobile. Since…
2Cases cited2 opinions
- In the Matter of Riss Tanning Corporation, Bankrupt. State Bank of Albany v. United StatesCourt of Appeals for the Second Circuit · 1972
- National Bank v. ShaadAppellate Division of the Supreme Court of the State of New York · 1977
3Cited by3 opinions
- United States v. AgnelloDistrict Court, E.D. New York · 2004
- In Re RobinsonUnited States Bankruptcy Court, E.D. Texas · 1998
- Conte v. Community Credit Union (In Re Conte)United States Bankruptcy Court, E.D. Texas · 1998