Legal Opinion
Paducah Bank & Trust Co. v. Sanders (In re Sanders)
District Court, W.D. Kentucky
Decided February 4, 1983No. Bankruptcy No. 5-81-00209; Adv. No. 5-82-0059PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM AND ORDER
G. WILLIAM BROWN, Bankruptcy Judge.
Plaintiff here seeks relief from the automatic stay pursuant to 11 U.S.C. § 362(d) alleging that it is a secured creditor on real estate owned by the debtors with an outstanding balance due of $28,434.58. It is further alleged that there are additional secured interests in the realty in question totaling $83,900.00, as well as execution liens in the amount of $25,394.14, for a total encumbrance on the property of $137,-728.72. Plaintiff alleges that the current market value of the real estate is $70,-000.00.
Plaintiff’s secured interest…
2Cases cited9 opinions
- Fed. Sec. L. Rep. P 94,202 Sundstrand Corporation, a Delaware Corporation v. Standard Kollsman Industries, Inc., an Illinois CorporationCourt of Appeals for the Seventh Circuit · 1973
- Tormo v. YormarkDistrict Court, D. New Jersey · 1975
- In the Matter of Cantrill Construction Company, Bankrupt. Commercial Bank of Middlesboro, Kentucky v. Nolan Carter, Jr., Trustee in BankruptcyCourt of Appeals for the Sixth Circuit · 1969
- Truscon Steel Co. v. Thirlwell Electric Co.Court of Appeals of Kentucky (pre-1976) · 1936
- Porter v. BedellCourt of Appeals of Kentucky (pre-1976) · 1938
4 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Sherrin v. Bakken (In Re Bakken)United States Bankruptcy Court, N.D. Oklahoma · 1990