In Re Aguiar
United States Bankruptcy Court, D. Idaho
1Opinion of the Court
MEMORANDUM OF DECISION
ALFRED C. HAGAN, Chief Judge.
The debtors filed their Chapter 7 petition on January 26, 1990. After GMAC moved to have the automatic stay lifted the trustee moved to avoid the security interest of GMAC in a boat, motor and trailer owned by the debtors.
The parties have stipulated to the following facts:
1. That at the time of purchase the debtors were residents of Nevada.
2. The purchase of the boat, motor and trailer was financed by a retail installment contract from GMAC.
3. GMAC had a perfected security interest in the boat, motor and trailer in Nevada.
4. The debtors moved…
2Cases cited2 opinions
- Strick Corp. v. Eldo-Craft Boat Co., Inc.District Court, W.D. Arkansas · 1979
- Frank v. Norbel Credit Union (In Re Murray)United States Bankruptcy Court, E.D. Michigan · 1989
3Cited by3 opinions
- In Re Timothy Males and Karen Males, Debtors. Chrysler Credit Corporation v. Michael Religa, TrusteeCourt of Appeals for the Second Circuit · 1993
- Dubis v. General Motors Acceptance Corp.Court of Appeals of Wisconsin · 2000
- Krigel v. Mercedes-Benz Credit Corp. (In re Stanley)District Court, W.D. Missouri · 2000