In the Matter of Gerald Lewis Tarnow, Debtor. Appeal of Commodity Credit Corporation

U.S. Court of Appeals, Seventh Circuit · Decided 1984-12-03

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POSNER, Circuit Judge. The facts, slightly simplified, are as follows. The Commodity Credit Corporation, a federal agency, made a farmer named Tarnow a loan secured by a lien on his crops and equipment. Tarnow went broke before the loan was repaid. He filed a petition for bankruptcy under Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§ 1101</span…

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