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