Legal Opinion

Kevin R. Idell and Kostadea Baldounis

United States Bankruptcy Court, W.D. Texas

Decided June 23, 2020No. 19-70114Unknown

1Opinion

S BANKR is ce Qs 1 Deeg *\ a ae | * a a) HV oN i Lh □□ DisTRICs Dated: June 23, 2020. . i ee TONY M. DAVIS UNITED STATES BANKRUPTCY JUDGE IN THE UNITED STATES BANKRUPTCY COURT FOR THE WESTERN DISTRICT OF TEXAS MIDLAND DIVISION IN RE: § CASE NO. 19-70114-TMD KEVIN R. IDELL § KOSTADEA BALDOUNIS § CHAPTER 7 Debtors. § MEMORANDUM OPINION I. INTRODUCTION Can a creditor exercise a right of setoff when the debtors’ only default is the mere act of filing for bankruptcy? Il. FACTS Kevin R. Idell and Kostadea Baldounis (“Debtors”) borrowed a $9,430 loan from Complex Community Federal Credit Union…

2Cases cited8 opinions

  1. Citizens Bank of Md. v. StrumpfSupreme Court of the United States · 1995
  2. Studley v. Boylston National BankSupreme Court of the United States · 1913
  3. Williams v. American Bank of the Mid-Cities, N.A. (In Re Williams)United States Bankruptcy Court, N.D. Texas · 1986
  4. Braniff Airways, Inc. v. Exxon Co.Court of Appeals for the Fifth Circuit · 1987
  5. Francisco Elizarraras v. Bank of El PasoCourt of Appeals for the Fifth Circuit · 1980

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