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· 11/3/1997

In Re Bruzzese

Citations

  • 214 B.R. 444
  • 1997 Bankr. LEXIS 1751

How courts have described this case

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

  • requiring a creditor claiming security to provide a description of each item sufficient to satisfy the requirements of specificity under Article 9 of the New York version of the Uniform Commercial Code
  • “[A] sampling of the debtors’ schedules I and J in the 30 cases [examined] raised a prima facie concern whether the debtors could meet their repayment obligations under these [reaffirmation] agreements.”
  • debtor was not told that satisfying the reaffirmed debt of $1,800 on the terms offered by Sears, if paid at the rate stated in the reaffirmation, would take 76 months and cost her almost $1,500 in interest
  • finding effective annual percentage rate of 93.84% for reaffirmed debt
  • noting this argument by Sears

Source: CourtListener parenthetical corpus (CC0).

Judges: Stan Bernstein

Read full opinion on CourtListener

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.