Legal Opinion

Thompson v. CREDIT UNION FINANCIAL GROUP

District Court, W.D. Michigan

Decided July 1, 2011No. 1:10-cv-1036PublishedCited by 6 opinions

1Opinion of the Court

OPINION

ROBERT J. JONKER, District Judge.

Introduction

This bankruptcy appeal presents an apparent clash between two bankruptcy code provisions. On the one hand, section 365(d)(1) says unequivocally that an execu-tox-y contract — in this case a car lease — is deemed rejected in a Chapter 7 case if the Trustee fails to assume it within 60 days (or other period set by the Bankruptcy Court). 11 U.S.C. § 365(d)(1). The rejection of a lease ordinarily leads to discharge under section 524(b)(2) of any obligations under the lease for the Chapter 7 debtor. On the other hand, the Bankruptcy Abuse…

2Cases cited11 opinions

  1. In Re PatelCourt of Appeals for the Sixth Circuit · 2009
  2. In Re Peggy A. Miller, Debtor. Peggy A. Miller v. Chateau Communities, Inc.Court of Appeals for the Sixth Circuit · 2002
  3. In Re: Csc Industries, Inc. & Copperweld Steel Company, Debtors. Pension Benefit Guaranty Corporation v. Kathryn A. Belfance, Trustee, the Copperweld Steel Company Liquidation TrustCourt of Appeals for the Sixth Circuit · 2000
  4. In Re: Stuart C. Brinley, Debtor. Stuart C. Brinley, Appellee/cross-Appellant v. Lpp Mortgage, Ltd., Appellant/cross-AppelleeCourt of Appeals for the Sixth Circuit · 2005
  5. In Re MortensenUnited States Bankruptcy Court, E.D. New York · 2011

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3Cited by6 opinions

  1. In re BaillyUnited States Bankruptcy Court, M.D. Florida · 2014
  2. In re AbdemurUnited States Bankruptcy Court, S.D. Florida. · 2018
  3. In re HumbertUnited States Bankruptcy Court, N.D. Ohio · 2017
  4. Bobka v. Toyota Motor Credit Corp.District Court, S.D. California · 2018
  5. Kayla W SheeleyUnited States Bankruptcy Court, D. Connecticut · 2019

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