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IN RE WOODS

Bankruptcy No. 1-81-00803, Adv. No. 1-81-0417.

25 B.R. 924 (1982)

In re Gene Thomas WOODS, d/b/a Tom Woods Used Cars, Debtor. Elizabeth N. LOCKE, Plaintiff, v. Gene Thomas WOODS, d/b/a Tom Woods Used Cars, and First Tennessee Bank, N.A., Defendants.

United States Bankruptcy Court, E.D. Tennessee.

December 22, 1982.

Attorney(s) appearing for the Case

Russell King, Wheat & King, Chattanooga, Tenn., for plaintiff.

Kyle R. Weems, Weill, Ellis, Weems & Copeland, Chattanooga, Tenn., for defendant, Gene Thomas Woods.

Richard B. Gossett, Thomas, Mann & Gossett, Chattanooga, Tenn., for defendant, First Tennessee Bank.

MEMORANDUM

RALPH H. KELLEY, Bankruptcy Judge.

Tom Woods Used Cars sold the plaintiff, Elizabeth Locke, a 1980 Toyota that belonged to James and Diane Brugh. The Brughs had financed their purchase through First Tennessee Bank, which had a security interest in the car. The plaintiff paid for the car but Tom Woods did not pay First Tennessee and obtain a release of its security interest before he and Tom Woods Used Cars filed petitions in bankruptcy. Though...

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