Legal Opinion

Heritage Savings Bank v. Merchant (In re Merchant)

United States Bankruptcy Court, D. Maine

Decided March 13, 1984No. Bankruptcy No. 183-00161; Contested No. C7-30804Published

1Opinion of the Court

MEMORANDUM OF DECISION

JAMES A. GOODMAN, Bankruptcy Judge.

This matter comes before the Court on the trustee’s objection to Heritage Savings Bank’s claim of a perfected security interest in the debtor’s mobile home. At issue is the sufficiency of the financing statement filed by the Bank with the Secretary of State. The sufficiency of that financing statement is governed by Me.Rev.Stat.Ann. tit. 11, § 9-402(1), which states in part:

A financing statement is sufficient, if it gives the names of the debtors and the secured party, is signed by the debtor, gives an address of the secured party from…

2Cases cited9 opinions

  1. In Re Cushman Bakery and Cushman Baking Company. Appeal of Jacob Agger, TrusteeCourt of Appeals for the First Circuit · 1976
  2. Franklin Property Trust v. Foresite, Inc.Supreme Judicial Court of Maine · 1981
  3. Bramble Transportation, Inc. v. Sam Senter Sales, Inc.Superior Court of Delaware · 1971
  4. Matter of Reeco Elec. Co., Inc.District Court, D. Maine · 1976
  5. Maine League Federal Credit Union v. Atlantic MotorsSupreme Judicial Court of Maine · 1969

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