Bird Trucking Co. v. Ford Motor Credit Co. (In Re Bird Trucking Co.)

DECISION

JAMES E. SHAPIRO, Bankruptcy Judge.

The question presented is whether a forged or unauthorized signature, purporting to be that of an authorized representative of the purchaser, on title applications for 50 trucks, resulting in the issuance of certificates of title for these trucks with the secured party’s lien upon each title, voids the lien on each title as against the debtor-in-possession.

At a trial conducted on January 8 and 9, 1986, testimony was presented and various exhibits received into evidence. Before the commencement of the trial, the parties submitted an agreed statement…