Legal Opinion

Walters v. Bank of the West

Court of Appeals for the Eighth Circuit

Decided April 9, 2012No. 11-2449Published

1Opinion of the Court

LOKEN, Circuit Judge.

In 2002 and 2004, Jody Walters and her husband David guaranteed loans by Bank of the West involving David’s then-profitable home building enterprise, Walters Homes Ltd. With the loans in default, Bank of the West obtained three Iowa state court judgments in 2008 and 2009 against Mrs. Walters and others totaling well in excess of the value of her present home. Mrs. Walters filed for Chapter 7 bankruptcy protection in January 2010, claimed a homestead exemption, and was granted a discharge. In this core proceeding, see 28 U.S.C. § 157(b)(2)(B), she appeals the Bankruptcy…

2Cases cited15 opinions

  1. Stern v. MarshallSupreme Court of the United States · 2011
  2. In Re: Farmland Industries, Inc., Debtor. Official Committee of Unsecured Creditors v. Farmland Industries, Inc.Court of Appeals for the Eighth Circuit · 2005
  3. In Re BargfredeCourt of Appeals for the Eighth Circuit · 1997
  4. In Re the Marriage of McMorrowSupreme Court of Iowa · 1983
  5. Hale v. HeaslipSupreme Court of Iowa · 1864

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