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Legal Opinion

In re Peake

United States Bankruptcy Court, N.D. Illinois

Decided August 15, 2018No. Case No. 18-16544PublishedCited by 10 opinions

1Opinion of the Court

Deborah L. Thorne, United States Bankruptcy Judge

Introduction

The facts in this case are familiar to thousands of debtors appearing in this district attempting to regain possession of their cars and pay accrued parking and red-light tickets through chapter 13 plans. The issue is not only important to each of these debtors but also to the City of Chicago (City), which relies upon collection of parking and red-light ticket revenue to fund approximately 7% of the City's budget.1

George Peake (Mr. Peake or Debtor) owns a 2007 Lincoln MKZ vehicle (MKZ) with approximately 200,000 miles and valued by…

2Cases cited100 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Butner v. United StatesSupreme Court of the United States · 1979
  3. Stern v. MarshallSupreme Court of the United States · 2011
  4. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  5. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983

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3Cited by10 opinions

  1. City of Chicago v. Timothy ShannonCourt of Appeals for the Seventh Circuit · 2019
  2. FirsTrust Bank v. Indus. Bank (In re Essex Constr., LLC)United States Bankruptcy Court, D. Maryland · 2018
  3. In re ShannonUnited States Bankruptcy Court, N.D. Illinois · 2018
  4. In Re: Tony R. Jones v. City of Chicago, IllinoisUnited States Bankruptcy Court, N.D. Illinois · 2024
  5. Jackson, III v. Paintmaster Premiere LLCUnited States Bankruptcy Court, E.D. Kentucky · 2024

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