· 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
Read full opinion on CourtListenerSourced 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.