Legal Opinion

In Re Duvall

United States Bankruptcy Court, W.D. Texas

Decided March 13, 1998No. 19-50206PublishedCited by 5 opinions

1Opinion of the Court

Opinion

RONALD B. KING, Bankruptcy Judge.

Everett Ray Duvall and Karen Sprawls Duvall (“the Debtors”) filed a “Motion to Avoid Non-Possessory, Non-Purchase Money Security Interest” of the United States of America, Farm Service Agency (“FSA”), in the Debtors’ tools of the trade pursuant to § 522(f) of the Bankruptcy Code. For the reasons stated below, the Court concludes that while § .522(f)(1) and (f)(2) tentatively allow the Debtors to avoid the FSA’s security interest in full, § 522(f)(3) limits that avoidance by a defined amount: the difference between the aggregate value of the Debtors’…

2Cases cited62 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Connecticut National Bank v. GermainSupreme Court of the United States · 1992
  3. Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
  4. Dewsnup v. TimmSupreme Court of the United States · 1992
  5. Owen v. OwenSupreme Court of the United States · 1991

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3Cited by5 opinions

  1. Kolich v. Antioch Laurel Veterinary Hospital, Inc. (In Re Kolich)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2002
  2. Pearson v. Security Properties, LLC (In Re Pearson)United States Bankruptcy Court, D. Colorado · 2010
  3. Bruce Allen Klug and Mary Lou KlugUnited States Bankruptcy Court, W.D. Wisconsin · 2021
  4. Dean Allen Kolich v. Antioch Laurel Vet.United States Bankruptcy Appellate Panel for the Eighth Circuit · 2002
  5. Plata v. Darbun Enterprises CA4/1California Court of Appeal · 2014

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