Legal Opinion
In Re Montgomery
United States Bankruptcy Court, E.D. North Carolina
Decided April 25, 1983No. 13-05732PublishedCited by 3 opinions
1Opinion of the Court
A. THOMAS SMALL, Bankruptcy Judge.
This cause is before the Court upon the application of the Debtors seeking a turnover order for an automobile that was repossessed prior to the filing of their chapter 13 petition.
FACTS
These relevant facts are not disputed.
The Debtors are the owners of a 1981 Toyota SR-5 automobile which is subject to a security interest held by IBM Coastal Employees Federal Credit Union (“IBM”). The indebtedness secured by the automobile required monthly payments of $224.85 and has an outstanding balance of $6,085.90. The last monthly payment made by the Debtors was on…
2Cases cited1 opinion
- Cross Electric Company, Inc. v. United States of America, in Re Cross Electric Company, Inc., DebtorCourt of Appeals for the Fourth Circuit · 1981
3Cited by3 opinions
- In Re EisenbargerUnited States Bankruptcy Court, E.D. Virginia · 1993
- In re FajardoUnited States Bankruptcy Court, M.D. Florida · 1988
- Matter of Manuel FajardoUnited States Bankruptcy Court, M.D. Florida · 1988