Legal Opinion
Sovran Bank, N.A. v. Darl Duane Anderson, Individually, and F/t/a Anderson Electronics and Engineering, and Dean W. Sword, Jr., Trustee
Court of Appeals for the Fourth Circuit
Decided September 11, 1984No. 83-1296PublishedCited by 27 opinions
1Opinion of the Court
WIDENER, Circuit Judge:
Anderson filed his petition in bankruptcy for relief under Chapter 7 of the Bankruptcy Code, claiming as exempt his equity in his residence which he and his wife own as tenants by the entireties. There was a first deed of trust on the residence with the approximate balance of $12,000 and a second deed of trust in favor of First & Merchants National Bank to secure a $50,000 demand note. The $50,000 note was pledged to First & Merchants as collateral for several loans made to Anderson to use in his business, Anderson Electronics, Inc.
The business loans included more than…
2Cases cited5 opinions
- In Re FordUnited States Bankruptcy Court, D. Maryland · 1980
- Gary GREENBLATT, Trustee, Appellant, v. Levy FORD, Jr., Appellee. in Re Levy FORD, Jr., DebtorCourt of Appeals for the Fourth Circuit · 1981
- Phillips v. KrakowerCourt of Appeals for the Fourth Circuit · 1931
- Chippenham Hospital, Inc. v. Robert E. Bondurant, in Re Robert E. Bondurant, DebtorCourt of Appeals for the Fourth Circuit · 1983
- Horner v. HamnerCourt of Appeals for the Fourth Circuit · 1918
3Cited by27 opinions
- Sumy v. SchlossbergCourt of Appeals for the Fourth Circuit · 1985
- 12 Collier bankr.cas.2d 525, Bankr. L. Rep. P 70,332 in the Matter of Terry Grosslight D/B/A Kay Bee Construction Company. Liberty State Bank and Trust, a Michigan Banking Corporation v. Terry Grosslight and Sandra GrosslightCourt of Appeals for the Sixth Circuit · 1985
- In Re LeonardUnited States Bankruptcy Court, N.D. New York · 1992
- Distaff, Incorporated v. Springfield Contracting CorporationCourt of Appeals for the Fourth Circuit · 1993
- Spears v. Boyd (In Re Spears)District Court, W.D. Michigan · 2004
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