Webb v. Reserve Life Insurance (In re Webb)
United States Bankruptcy Court, N.D. Texas
1Opinion of the Court
MEMORANDUM OF OPINION ON HOMESTEAD
JOHN C. AKARD, Bankruptcy Judge.
The Debtors claimed a business homestead in retail property and asserted that the lien Reserve Life Insurance Company (Reserve) held was invalid. Having deter*115mined that the lien is valid, the court denies the Debtors’ complaint.
Facts
James Thomas Webb, Sr., and Verda Faye Webb, d/b/a Webb Auto Supply (Debtors) filed for relief under Chapter 7 of the Bankruptcy Code on November 7, 1989.1 In this Chapter 7 proceeding the Debtors claimed three parcels of property as their residence and business homestead, namely, (1) their…
2Cases cited15 opinions
- Estes v. Republic National Bank of DallasTexas Supreme Court · 1970
- Spence v. State Nat. Bank of El PasoTexas Commission of Appeals · 1928
- Bankr. L. Rep. P 71,664 in Re John Hugh Niland, Debtor. Tim Truman and John Niland v. Darwin Deason v. Continental Savings AssociationCourt of Appeals for the Fifth Circuit · 1987
- In Re StarnsDistrict Court, S.D. Texas · 1985
- C. D. Shamburger Lumber Co. v. DelavanCourt of Appeals of Texas · 1937
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3Cited by2 opinions
- Webb v. Reserve Life Insurance CompanyCourt of Appeals for the Fifth Circuit · 1992
- Webb v. Reserve Life Insurance (In re Webb)Court of Appeals for the Fifth Circuit · 1992