Legal Opinion

In Re Weaver

United States Bankruptcy Court, N.D. Texas

Decided September 25, 1987No. 19-40952PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM OF OPINION CONCERNING DEBTORS’ MOTION TO AVOID LIENS

JOHN C. AKARD, Bankruptcy Judge.

Daniel Weaver and Beverly Weaver (Debtors) seek to set aside liens held by ITT Financial Services (ITT) on their exempt property.

FACTS

The facts of this case are not disputed. On February 11, 1986, the Debtors borrowed $2,512.50 from ITT. The projected finance charge was $733.20. As a condition for lending money to the Debtors, ITT required and received a security interest in various property of the Debtors. However, ITT did not perfect its security interest. 1 The validity of this security interest…

2Cases cited5 opinions

  1. In the Matter of Robert Henry Allen, Jr., and Mary Lou Allen, Debtors. Robert Henry Allen, Jr., and Mary Lou Allen v. Hale County State BankCourt of Appeals for the Fifth Circuit · 1984
  2. Noggle v. Beneficial Finance Co. (In Re Noggle)United States Bankruptcy Court, E.D. Michigan · 1983
  3. Styler v. Local Loan Financial Services (In Re Lanctot)United States Bankruptcy Court, D. Utah · 1980
  4. In Re WetzelUnited States Bankruptcy Court, W.D. Virginia · 1984
  5. Terry v. Witten & Carter, P.C. (In Re Terry)United States Bankruptcy Court, D. Vermont · 1986

3Cited by14 opinions

  1. In Re Victor D. McGreevy Darlene A. McGreevy Debtors. Darlene A. McGreevy v. Itt Financial ServicesCourt of Appeals for the Fourth Circuit · 1992
  2. Barnes v. ITT Financial Services (In Re Barnes)United States Bankruptcy Court, D. Maryland · 1990
  3. In Re ValeUnited States Bankruptcy Court, N.D. Indiana · 1989
  4. Barrick v. Avco Consumer Discount Co. (In Re Barrick)United States Bankruptcy Court, M.D. Pennsylvania · 1989
  5. Allegheny County (PA) United States Government Employees Federal Credit Union v. Wimbish (In Re Wimbish)United States Bankruptcy Court, W.D. Pennsylvania · 1989

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