OPINION
PERFECTED SECURITY INTEREST IN PROCEEDS M.S.A. § 19.9306(4) [M.C.L.A. § 440.9306(4)]
LAURENCE E. HOWARD, Bankruptcy Judge.
This matter is before the court on plaintiff, Bank of Lansing's complaint seeking abandonment and a lifting of the automatic stay as to the debtor's checking account. Bank of Lansing contends this account contains proceeds of the sale of their collateral, and they therefore retain a security interest...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.