Quimbee logo
DMCA.com Protection Status
From our private database of 17,600+ case briefs...

In re Wollin

United States Bankruptcy Court for the District of Oregon
249 B.R. 555 (2000)


Oregon Federal Credit Union (OFCU) gave Steven and/or Cynthia Moody (plaintiffs) a line of credit, a consolidation loan, a vehicle loan to buy a Ford F150, and a Visa card. The Moodys gave OFCU a security interest in the F150 under the terms of the vehicle loan. Similarly, OFCU gave Patricia Wollin (plaintiff) a line of credit, a Visa card, and a vehicle loan to purchase a Ford Probe, in which she gave OFCU a security interest. The Moodys and Wollin were unaware that the security agreements contained a “dragnet” clause, stating that OFCU’s interest in the vehicles also secured all other existing or future debt owed to it. The Moodys and Wollin filed separate Chapter 13 bankruptcy petitions. OFCU asserted its security interests in both cases, and the Moodys and Wollin asked for modification of OFCU’s claim, which the trustee recommended. OFCU objected.

Rule of Law


Holding and Reasoning (Radcliffe, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 458,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 458,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 17,600 briefs, keyed to 984 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial