Legal Opinion

In Re Box

United States Bankruptcy Court, S.D. Texas

Decided May 3, 2005No. 04-45079PublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM OPINION

MARVIN ISGUR, Bankruptcy Judge.

The Court denies First State Bank’s Motion for Relief from Stay. Because a lender may not require the proceeds of a Texas home equity loan to be applied to that lender’s pre-existing, unsecured debt, the Court concludes that First State Bank’s lien on the Debtors’ homestead is unenforceable.

Findings of Fact 1

The following findings of fact are based on the testimony of Bernard Box and Kenneth Swick and the exhibits offered at the hearing on this matter. Mr. Box has been a First State Bank (“FSB”) customer for over 15 years. The bank made several…

2Cases cited16 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Fleming Foods of Texas, Inc. v. RylanderTexas Supreme Court · 1999
  3. City of Beaumont v. BouillionTexas Supreme Court · 1995
  4. City of LaPorte v. BarfieldTexas Supreme Court · 1995
  5. Sorokolit v. RhodesTexas Supreme Court · 1994

11 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. In Re KleibrinkUnited States Bankruptcy Court, N.D. Texas · 2006
  2. Box v. First State BankDistrict Court, S.D. Texas · 2006
  3. Noland v. Wilmington Savings Bank (In re D & K Aviation, Inc.)United States Bankruptcy Court, S.D. Ohio · 2006
  4. Charles Blake StringerUnited States Bankruptcy Court, N.D. Texas · 2024
  5. Cruz M. Mendez Garcia v. Doral BankUnited States Bankruptcy Court, D. Puerto Rico · 2014

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