Legal Opinion

In the Matter of Ole A. Jensen, Debtor. Peoples Finance Company v. Ole A. Jensen

Court of Appeals for the Seventh Circuit

Decided January 31, 1955No. 11288Published

1Opinion of the Court

DUFFY, Chief Judge.

This is an appeal from an order of the district court dismissing the proceedings because of want of jurisdiction. This case has been here previously. Debtor, a yard master, employed by a railroad company, filed a petition and a plan for extension under Chapter XIII (Wage Earners’ Plans) of the Bankruptcy Act, 11 U.S.C.A. § 1001 et seq. He authorized his employer to deduct $35 from his wages on each payday, and to turn such funds over to a disbursing agent for the benefit of his creditors. At that time the law provided that only those earning $3,600 or less could take…

2Cases cited2 opinions

  1. In Re Jensen. Peoples Finance Co. v. JensenCourt of Appeals for the Seventh Circuit · 1952
  2. In re KovacevichDistrict Court, S.D. California · 1940

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