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MATTER OF CHILDRESS

No. 87-1889.

851 F.2d 926 (1988)

In the Matter of Harry L. CHILDRESS, Bankrupt. Appeal of Joyce A. CHILDRESS, Plaintiff-Appellant, v. AURORA NATIONAL BANK, Ralph Egeland, and Harry L. Childress, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided July 7, 1988.

Attorney(s) appearing for the Case

Arthur Sternburg, Pedersen & Houpt, P.C., Chicago, Ill., for plaintiff-appellant.

James Jensen, North Aurora, Ill., for defendants-appellees.

Before WOOD, FLAUM, and MANION, Circuit Judges.

HARLINGTON WOOD, Jr., Circuit Judge.

This case began in 1979 as a Chapter XII Real Property Arrangement under the Bankruptcy Act of 1898, 11 U.S.C. §§ 1-1103 (repealed 1979). The plaintiff's former spouse, Harry L. Childress (the debtor), filed the bankruptcy petition, which the bankruptcy court approved. Defendant Aurora National Bank (the bank) through its president, Ralph Egeland, acted as disbursing agent in the bankruptcy.

Because the bank did...

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