Renshaw v. Clearview Federal Credit Union (In Re Renshaw)

MEMORANDUM OPINION

BERNARD MARKOVITZ, Bankruptcy Judge.

Jane Renshaw, the above-captioned debtor and the instant plaintiff (hereafter “the Debtor”), seeks to have a determination made as to the secured status of a pre-petition Visa credit card debt (hereafter “the Visa Credit Card Debt”) that she owes to Clearview Federal Credit Union, the instant defendant (hereafter “Clear-view”).

Clearview contends that the Visa Credit Card Debt is secured by virtue of the operation of a cross-collateralization clause that is contained in a line of credit agreement that was entered into by the parties…