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· 3/2/2001

In Re Bourne

Citations

  • 262 B.R. 745
  • 2001 Bankr. LEXIS 510
  • 2001 WL 539312

How courts have described this case

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

  • allowing credit union to set off debt against debtor's credit union account claimed as exempt
  • \Allowing setoff against exempt property would not undermine the general policy behind the Bankruptcy Code because .... [o]nly creditors who possess a valid setoff right can offset their obligation with a debtor's exempt property.\
  • “Thus, by implication, § 542(a) addresses not only turnover of exempt property but also turnover of property of the estate.”
  • includes a string cite of cases holding that there was no violation of the discharge injunction when a creditor exercised a right of setoff which existed prepetition

Source: CourtListener parenthetical corpus (CC0).

Judges: Marcia Phillips Parsons

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.