Legal Opinion

In re Jaffe

United States Bankruptcy Court, N.D. Illinois

Decided June 7, 2017No. 15 B 39490Published

1Opinion of the Court

MEMORANDUM OPINION

A. Benjamin Goldgar, United States Bankruptcy Judge

This case poses a frequently-posed issue—how a judgment should be treated in bankruptcy when the judgment is recorded against a debtor’s property held in a tenancy by the entirety. To what extent does the judgment creditor have a lien, and can the debtor avoid that lien under section 522(f) of the Bankruptcy Code, 11 U.S.C. § 522(f)? Here, debtor Scott N. Jaffe seeks to avoid a judgment lien that Laverne Williams says she holds against the residence Jaffe and his wife owned on the petition date as tenants by the entirety.…

2Cases cited13 opinions

  1. Premier Property Management, Inc. v. ChavezIllinois Supreme Court · 2000
  2. In Re AllardUnited States Bankruptcy Court, N.D. Illinois · 1996
  3. Great Southern Co. v. AllardDistrict Court, N.D. Illinois · 1996
  4. In Re TolsonUnited States Bankruptcy Court, C.D. Illinois · 2005
  5. State Farm Mutual Automobile Insurance v. PalmerAppellate Court of Illinois · 1984

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