Legal Opinion
Citizens Bank of Md. v. Strumpf
Supreme Court of the United States
Decided October 31, 1995No. 94-1340PublishedCited by 583 opinions
1Opinion of the CourtJustice Scalia
We must decide whether the creditor of a debtor in bankruptcy may, in order to protect its setoff rights, temporarily withhold payment of a debt that it owes to the debtor in bankruptcy without violating the automatic stay imposed by 11 U.S. C. § 362(a).
I
On January 25,1991, when respondent filed for relief under Chapter 13 of the Bankruptcy Code, he had a checking account with petitioner, a bank conducting business in the State of Maryland. He also was in default on the remaining balance of a loan of $5,068.75 from the bank. Under 11 U. S. C. § 362(a), respondent’s bankruptcy filing gave rise…
2Cases cited8 opinions
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
- Texas & Pacific Railway Co. v. Abilene Cotton Oil Co.Supreme Court of the United States · 1907
- Bank of Marin v. EnglandSupreme Court of the United States · 1966
- Studley v. Boylston National BankSupreme Court of the United States · 1913
- Normand Josef Enterprises, Inc. v. Connecticut National BankSupreme Court of Connecticut · 1994
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3Cited by583 opinions
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