Legal Opinion
Ford Motor Credit Co. v. Pickett (In Re Pickett)
United States Bankruptcy Court, M.D. Tennessee
Decided November 12, 1992No. Bankruptcy 389-03974PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM
GEORGE C. PAINE, II, Chief Judge.
INTRODUCTION
The cause before the Court is the motion of Ford Motor Credit Company (Ford) for relief from the automatic stay. The issue is whether Ford still has a lien in the current Chapter 7 case when the Debtors, under their pre-conversion Chapter 13 plan, paid the entire amount due on Ford’s secured claim. The Court finds that the Debtors’ satisfaction of Ford’s allowed secured claim extinguished Ford’s lien, and therefore, Ford is not entitled to relief from the stay.
The following are findings of fact and conclusions of law. Bankr.R. 7052.
FINDING…
2Cases cited7 opinions
- Dewsnup v. TimmSupreme Court of the United States · 1992
- In Re HargisUnited States Bankruptcy Court, E.D. Tennessee · 1989
- Dennis v. W.S. Badcock Corp. (In Re Dennis)United States Bankruptcy Court, M.D. Georgia · 1983
- Matter of BunnUnited States Bankruptcy Court, D. Idaho · 1991
- In Re TluscikUnited States Bankruptcy Court, W.D. Missouri · 1991
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- McDonough v. Plaistow Cooperative Bank (In Re McDonough)United States Bankruptcy Court, D. Massachusetts · 1994
- Ford Motor Credit Co. v. Lee (In Re Lee)District Court, D. Minnesota · 1993
- In Re ScheierlUnited States Bankruptcy Court, D. Minnesota · 1995
- Bank One Chicago, NA v. FlowersDistrict Court, N.D. Illinois · 1995
- In Re LeeUnited States Bankruptcy Court, D. Minnesota · 1993
6 more not listed; retrieve them via the Exa API.