Legal Opinion
Jersey State Bank v. Isringhausen (In Re Isringhausen)
United States Bankruptcy Court, S.D. Illinois
Decided March 3, 1993No. 19-40041PublishedCited by 2 opinions
1Opinion of the Court
OPINION
KENNETH J. MEYERS, Bankruptcy Judge.
On July 11, 1984, Jersey State Bank (hereafter “bank”) loaned debtors $175,-000.00 and debtors signed a promissory note and a security agreement giving the bank a lien in their farm machinery and equipment. The bank perfected its lien, on July 13, 1984, by filing a financing statement covering the machinery and equipment.
On May 1, 1985, the United States of America, Farmers Home Administration (hereafter “FmHA”), filed a financing statement covering the same farm machinery and equipment. 1 On May 31, 1985, debtors executed several promissory notes in…
2Cases cited24 opinions
- Costello v. United StatesSupreme Court of the United States · 1961
- Thomas E. Bowen v. United StatesCourt of Appeals for the Seventh Circuit · 1978
- Michele Portmann, Doing Business as Grafica, an Individual v. United StatesCourt of Appeals for the Seventh Circuit · 1982
- John T. Kennedy v. United States of America, Third Party v. Harold C. Gatewood, Third PartyCourt of Appeals for the Third Circuit · 1992
- Frederick L. Kunzelman, Cross-Appellee v. Gervase Thompson, Richard Giese and Juneau County, Wisconsin, Defendants- Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1986
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3Cited by2 opinions
- In Re Gateway Ethanol, L.L.C.United States Bankruptcy Court, D. Kansas · 2009
- Reinbold v. Kohansieh (In re Sandburg Mall Realty Management LLC)United States Bankruptcy Court, C.D. Illinois · 2017