Dodson v. One Valley Bank of Oak Hill, Inc. (In Re Johnson)

MEMORANDUM OPINION DENYING DEFENDANT’S MOTION FOR SUMMARY JUDGMENT AND AVOIDING DEFENDANT’S LIEN

RONALD G. PEARSON, Bankruptcy Judge.

The issue in this proceeding is whether a secured party’s purchase money security interest in a mobile home was perfected against third parties by filing financial statements with the Secretary of State and in the county in which the mobile home was located. A lien was not shown on a certificate of title for the vehicle. This matter is before the Court as a result of the motion of the defendant, One Valley Bank of Oak Hill, Inc. [the Bank], for summary judgment…