Debtor in possession leased trucking units to a company which did not comply with an order to turn over the property. The court authorized the owner of the debtor in possession to contact the drivers and take necessary steps to repossess the property.
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The debtor in possession leased trucking units to a company that did not comply with a court order to turn the property over. One of the secured creditors sought and was granted authority to take steps to protect & obtain its collateral from the lessee.
The debtor in possession leased trucking units to a company that did not comply with a court order to turn the property over. One of the secured creditors sought and was granted authority to take steps to protect & obtain its collateral from the lessee.
Debtor in possession leased trucking units to a company which did not comply with an order to turn over the property. The court authorized the owner of the debtor in possession to contact the drivers and take necessary steps to repossess the property.
A trade union advanced funds to debtor for training. The loan became due when the debtor took a non-union job. Because debtor's household expenses exceeded income, repayment would be an undue hardship, so the loan is dischargeable under § 523(a)(8).
The court should abstain from hearing, and remand, a lawsuit removed from state court by the debtor, because the lawsuit did not involve core proceedings but concerned only state law issues. Once liquidated, the claim may be dealt with in bankruptcy court
For purposes of Neb. Rev. Stat. § 40-102, a wife who jointly owns the family home with her husband and jointly files a bankruptcy petition with him is deemed to consent to the selection of a portion of the homestead exemption from her property.
An insurance premium finance company obtained relief from the stay for cause. Premium finance agreements are not covered by Revised U.C.C. Article 9, so a filed financing statement was not necessary to perfect the security interest in unearned premiums.
Because the non-dischargeability complaint mainly involved state law causes of action, the court abstained to allow the parties to liquidate the claim in state court, and would determine dischargeability after the state court judgment was entered.
There is no prohibition in the Bankruptcy Code against a Chapter 11 small-business debtor filing more than one plan, & no specific language in § 1121 or § 1129 mandating dismissal of the case if the first plan is withdrawn or fails to comply with Title 11