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Legal Opinion

In Re Wetzel

United States Bankruptcy Court, W.D. Virginia

Decided June 6, 1984No. 19-60048PublishedCited by 12 opinions

1Opinion of the Court

MEMORANDUM OPINION

THOMAS J. WILSON, Bankruptcy Judge.

This case arises upon the motion of First Virginia Bank (Bank) for relief from the stay of 11 U.S.C. § 362. The Bank has a nonpossessory, nonpurchase-money lien on the Debtors’ firearms.

Richard Wetzel, Jr. and Carol L. Wetzel (Debtors) claimed the firearms as exempt property in their homestead deed under Virginia law. They oppose the Bank’s motion for relief because they contend that 11 U.S.C. § 522(f)(2) allows them to avoid the Bank’s lien to the extent that it impairs their state exemption.

The Debtor’s lien avoidance section provides in…

2Cases cited5 opinions

  1. Boozer v. Kennesaw Finance Co. (In Re Boozer)United States Bankruptcy Court, N.D. Georgia · 1980
  2. Cole v. Beneficial Finance Co. (In Re Cole)United States Bankruptcy Court, W.D. Missouri · 1981
  3. Noggle v. Beneficial Finance Co. (In Re Noggle)United States Bankruptcy Court, E.D. Michigan · 1983
  4. In Re WrightUnited States Bankruptcy Court, W.D. Kentucky · 1983
  5. McPherson v. Associates Financial Services (In Re McPherson)United States Bankruptcy Court, D. New Mexico · 1982

3Cited by12 opinions

  1. In Re Victor D. McGreevy Darlene A. McGreevy Debtors. Darlene A. McGreevy v. Itt Financial ServicesCourt of Appeals for the Fourth Circuit · 1992
  2. Barnes v. ITT Financial Services (In Re Barnes)United States Bankruptcy Court, D. Maryland · 1990
  3. In Re VaughnUnited States Bankruptcy Court, S.D. Indiana · 1986
  4. In Re WeaverUnited States Bankruptcy Court, N.D. Texas · 1987
  5. In Re ValeUnited States Bankruptcy Court, N.D. Indiana · 1989

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