· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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