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§ 362(g)(2)

Tillman, In re

Nov
09
2017
Ruling
Creditor's motion to modify stay granted as the parties agreed on the debt and value of collateral and debtors stated intention to surrender the property. (Bankr. D. Mont.)
Issue(s)
Automatic Stay; Burden of Proof; All Other Issues.

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Consumer opinion summary, case decided on November 09, 2017 , LexisNexis #1217-034
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In re Delco Oil Inc.

Mar
21
2007
Ruling
Creditor entitled to relief from stay to pursue prepetition deposits in debtor's covert bank accounts.
Procedural posture

Debtor entered into a revolving credit and security agreement with creditor. The debtor pledged as collateral its collections, cash payments, and inventory. The agreement required the debtor to maintain its bank accounts with a specific bank. However, the debtor opened two secret bank accounts. The creditor moved for relief from stay to gain possession of the secret accounts. Chapter 7 trustee and others filed objections (objecting parties).

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opinion summary, case decided on March 21, 2007 , LexisNexis #0507-039
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