Legal Opinion
In the Matter of Ronald and Marjorie Patterson, Debtors. Appeal of Abbotsford State Bank
Court of Appeals for the Seventh Circuit
Decided July 30, 1987No. 86-2107, 86-2167PublishedCited by 58 opinions
1Opinion of the Court
POSNER, Circuit Judge.
This farm bankruptcy case raises questions of interpretation under 11 U.S.C. § 522, the statute that governs the bankrupt’s right to take some of his property out of the bankrupt estate and thus keep it after he is discharged from bankruptcy.
Mr. and Mrs. Patterson were engaged in dairy farming in Wisconsin. They rented rather than owned the farmland and buildings (including the house they lived in), but owned the cows and farm equipment, primarily a tractor. Like many midwestern farmers they fell on hard times in the 1980s, and in October 1983 they filed a petition for…
2Cases cited19 opinions
- White v. StumpSupreme Court of the United States · 1924
- Ed Freeman and Wife Sharon Freeman, Cross-Appellants v. Northwest Acceptance Corporation, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1985
- In re SmithCourt of Appeals for the Seventh Circuit · 1981
- In the Matter of Marie ERICKSON, Debtor-Appellee. Appeal of DORCHESTER STATE BANKCourt of Appeals for the Seventh Circuit · 1987
- In the Matter of William W. Wagner, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1986
14 more not listed; retrieve them via the Exa API.
3Cited by58 opinions
- Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
- In the Matter of H. Dean Stegall and Sandra Lorene Stegall, Debtors-Appellants. Appeal of the Federal Land Bank of St. LouisCourt of Appeals for the Seventh Circuit · 1989
- Bethesda Lutheran Homes and Services, Inc., Plaintiffs-Appellants/cross-Appellees v. Gerald Born, and Thomas SchleitwilerCourt of Appeals for the Seventh Circuit · 2001
- In the Matter of XONICS IMAGING INC., Debtor. Appeal of CALIFORNIA SUNNYVALE ASSOCIATESCourt of Appeals for the Seventh Circuit · 1988
- University of Texas Medical Branch at Galveston v. AllanCourt of Appeals of Texas · 1989
53 more not listed; retrieve them via the Exa API.