Thorp Credit Inc. v. Nason (In Re Nason)
United States Bankruptcy Court, D. Rhode Island
1Opinion of the Court
ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.
Heard on Plaintiff, Thorp Credit, Inc.’s, complaint for reclamation of a 1972 Kam “Kamper” camping trailer.
The issues before the Court are: (1) whether a subsequent advance on a prior secured loan requires a new financing statement in order to preserve the lender’s security interest, and (2) whether a camper trailer comes within the avoidance provisions of Bankruptcy Code § 522(f)(2), 11 U.S.C. § 522(f)(2).
On March 27,1978, the Debtors borrowed $1,500.00 from Thorp to purchase the vehicle in question, and a security agreement was executed by the…
2Cases cited15 opinions
- R. Anthony Dubay v. Everette H. Williams, Everette H. Williams v. Rose City Development Co., Inc., Robert J. Davis v. Everette H. WilliamsCourt of Appeals for the Ninth Circuit · 1969
- James Talcott, Inc. v. Franklin Nat. Bank of Mpls.Supreme Court of Minnesota · 1972
- Grain Merchants of Indiana, Inc., Bankrupts, Mark L. France, Trustee v. Union Bank and Savings Company, Bellevue, OhioCourt of Appeals for the Seventh Circuit · 1969
- In re CopelandCourt of Appeals for the Third Circuit · 1976
- Langen v. BorkowskiWisconsin Supreme Court · 1925
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3Cited by7 opinions
- Blasbalg v. Tarro (In Re Hyperion Enterprises, Inc.)District Court, D. Rhode Island · 1993
- In Re GibsonUnited States Bankruptcy Court, D. Kansas · 1981
- Norman v. Norman (In Re Norman)United States Bankruptcy Court, W.D. Missouri · 1983
- Credit Alliance Corp. v. Jebco Coal Co.Court of Appeals for the Third Circuit · 1982
- Credit Alliance Corporation v. Jebco Coal Company, Inc.Court of Appeals for the First Circuit · 1982
2 more not listed; retrieve them via the Exa API.