First Fidelity Bank v. Raymond McAteer Helen McAteer Debtors. Robert M. Wood, Trustee. First Fidelity Bank, N.A.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that when purchaser of insurance policy “as signs its proceeds elsewhere, the assignee or beneficiary owns the proceeds and the [debt- or’s] estate does not”
• noting that although bankruptcy court can and does alter obligations of debtor, the Code does not have the same effect on the obligations of nondebtors
• stating in a chapter 13 case that “[ojwnership of a life insurance policy, such as involved here, does not necessarily entail ownership of the proceeds of that policy?’

Source: CourtListener parenthetical corpus (CC0).