Legal Opinion

Wudrick v. Clements

Court of Appeals for the Ninth Circuit

Decided November 26, 1971No. Nos. 25449, 25537PublishedCited by 29 opinions

1Per curiam

When bankruptcy appeared inevitable, Mr. and Mrs. Roon consulted experienced bankruptcy counsel. One of the things they did on his advice to enhance their exemptions was to refinance their 1966 Chevrolet. The bank loaned them $2,325 on the car. From this amount they paid off the previous car loan and their attorney’s fees, and deposited $800 in the Union Féderal Savings & Loan Association. They then filed petitions in bankruptcy. They claimed that the $800 account was exempt from execution under California Code of Civil Procedure § 690.21 and was therefore exempt under section 6 of the…

2Cases cited4 opinions

  1. Ex Parte SmithDistrict Court, M.D. Pennsylvania · 1947
  2. Love v. MenickCourt of Appeals for the Ninth Circuit · 1965
  3. Theodore A. Martin v. Ethyl CorporationCourt of Appeals for the Fifth Circuit · 1965
  4. In re WudrickDistrict Court, C.D. California · 1969

3Cited by29 opinions

  1. In Re Lois Adlman, Bankrupt. Bank of Pennsylvania v. Lois AdlmanCourt of Appeals for the Second Circuit · 1976
  2. First Texas Savings Ass'n v. ReedCourt of Appeals for the Fifth Circuit · 1983
  3. Wolkowitz v. Beverly (In Re Beverly)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2007
  4. Smiley v. First National Bank of Belleville (In re Smiley)Court of Appeals for the Seventh Circuit · 1989
  5. Federal Land Bank of Omaha v. Ellingson (In Re Ellingson)United States Bankruptcy Court, N.D. Iowa · 1986

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