Legal Opinion

Jackson v. Security Finance Group (In Re Jackson)

District Court, District of Columbia

Decided June 18, 1984No. Bankruptcy No. 83-00634, Adv. No. 84-0029PublishedCited by 8 opinions

1Opinion of the Court

OPINION

GEORGE F. BASON, Jr., Bankruptcy Judge.

The issue before the Court is whether and on what terms to continue a preliminary injunction against foreclosure of the debtors’ real property located at 5015 and 5033 13th Place, N.E., Washington, D.C. On January 17, 1983 the debtors obtained a loan from defendant Security Finance Group, Inc. (“SFG”) in the face amount of $65,000, payable in twelve consecutive monthly installments of $975.00, representing interest only, with the entire principal amount due in a balloon payment on January 17, 1984.

It appears that by April 17, 1983 the debtors were…

2Cases cited20 opinions

  1. Washington Metropolitan Area Transit Commission v. Holiday Tours, Inc.Court of Appeals for the D.C. Circuit · 1977
  2. Virginia Petroleum Jobbers Ass'n v. Federal Power CommissionCourt of Appeals for the D.C. Circuit · 1958
  3. Fruhauf Southwest Garment Co. v. United StatesUnited States Court of Claims · 1953
  4. Ella Tower v. Paralee Moss, Plaintiff-Intervenor-Appellant v. Home Construction Company of Mobile, Inc.Court of Appeals for the Fifth Circuit · 1980
  5. Joseph E. Gerasta, Josefina E. Gerasta, Wife of Joseph E. Gerasta v. Hibernia National Bank v. U. S. Building Materials Co., Inc.Court of Appeals for the Fifth Circuit · 1978

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3Cited by8 opinions

  1. Willis v. Borg-Warner Acceptance Corp. (In Re Willis)District Court, S.D. Texas · 1985
  2. Citicorp Real Estate, Inc. v. PWA, Inc. (In Re Georgetown Building Associates, Ltd. Partnership)District Court, District of Columbia · 1999
  3. Seawinds Ltd. v. Nedlloyd Lines, B.V.District Court, N.D. California · 1987
  4. Hoffman v. Heritage Savings & Loan Ass'n (In Re Garrison)District Court, D. Colorado · 1985
  5. Evans v. FIRST MOUNT VERNON, ILADistrict Court, District of Columbia · 2011

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