Legal Opinion
Rhoades v. Credithrift of America, Inc.
District Court, C.D. Illinois
Decided December 23, 1987No. Bankruptcy No. 86-83055; Adv. No. 86-8396PublishedCited by 1 opinion
1Opinion of the Court
DECISION AND ORDER
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
The Debtors have a history of borrowing from the Defendant. The relevant transactions started on September 15, 1981, when the Debtors borrowed $9,682.50 secured by a real estate mortgage on the Debtors’ residence in Galesburg, Illinois. That mortgage was subsequently released on September 2, 1983, when the indebtedness was renewed and consolidated with an additional small cash advance, bringing the total indebtedness to $9,771.68. This later indebtedness was secured by another mortgage on the Debtors’ residence. On July 25, 1984, the…
2Cases cited3 opinions
- Abele v. Mid-Penn Consumer DiscountDistrict Court, E.D. Pennsylvania · 1987
- Abbott v. ShafferDistrict Court, D. Utah · 1983
- Gramatan Home Investors Corp. v. MackAppellate Division of the Supreme Court of the State of New York · 1979
3Cited by1 opinion
- In Re RhoadesUnited States Bankruptcy Court, C.D. Illinois · 1987