Legal Opinion
Arruda v. Sears, Roebuck & Co.
Court of Appeals for the First Circuit
Decided October 30, 2002No. 02-1198PublishedCited by 74 opinions
1Opinion of the Court
SELYA, Circuit Judge.
A discharge in bankruptcy, simpliciter, ordinarily does not wipe out previously perfected security interests in tangible personal property. The lienholder retains a right of repossession, subject, however, to the bankrupt’s possible right of redemption. If timely exercised, this right of redemption allows an individual Chapter 7 debtor to “redeem [certain] tangible personal property intended primarily for personal, family, or household use, from a lien securing a dischargeable consumer debt” by paying the lienholder a sum equal to “the amount of the allowed secured…
2Cases cited21 opinions
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Alan Aulson Et Ux. Maureen Aulson v. Charles BlanchardCourt of Appeals for the First Circuit · 1996
- Rogan v. MeninoCourt of Appeals for the First Circuit · 1999
- Farrey v. SanderfootSupreme Court of the United States · 1991
- Clorox Co. Puerto Rico v. Proctor & Gamble Commercial Co.Court of Appeals for the First Circuit · 2000
16 more not listed; retrieve them via the Exa API.
3Cited by74 opinions
- Banco Santander De Puerto Rico v. Lopez-StubbeCourt of Appeals for the First Circuit · 2003
- Ruiz v. Bally Total Fitness Holding Corp.Court of Appeals for the First Circuit · 2007
- Cochran v. Quest Software, Inc.Court of Appeals for the First Circuit · 2003
- United States Ex Rel. Karvelas v. Melrose-Wakefield HospitalCourt of Appeals for the First Circuit · 2004
- Chiang v. Verizon New England, Inc.Court of Appeals for the First Circuit · 2010
69 more not listed; retrieve them via the Exa API.