In Re Gary Thompson and Randalyn Thompson, Debtors-Appellees. Appeal of Abbotsford State Bank
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Circuit Judge.
This case is a sequel to In re Patterson, 825 F.2d 1140 (7th Cir.1987), another appeal by the Abbotsford State Bank of Wisconsin from a ruling in favor of a bankrupt farm couple to whom the bank had made a secured loan. The principal question in Patterson was whether cows and a tractor were eligible for the exemption in 11 U.S.C. § 522(d)(6) for “the debtor’s aggregate interest, not to exceed $750 in value, in any implements, professional books, or tools, of the trade of the debtor or the trade of a dependent of the debtor.” We held that they were not; that the exemption…
2Cases cited17 opinions
- Armstrong v. United StatesSupreme Court of the United States · 1960
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- United States v. Security Industrial BankSupreme Court of the United States · 1982
- Wisconsin Knife Works v. National Metal CraftersCourt of Appeals for the Seventh Circuit · 1986
- Ronald Del Raine v. Norman Carlson, Individually and in His Official Capacity as Director of the Federal Bureau of PrisonsCourt of Appeals for the Seventh Circuit · 1987
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- Pro-Eco, Inc. v. Board of Commissioners of Jay County, IndianaCourt of Appeals for the Seventh Circuit · 1995
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