American Financial Services Association

AFSA Files Amicus in 9th Circuit Case

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AFSA Files Amicus in 9th Circuit Case

On Oct. 29, AFSA filed an amicus brief in support of Toyota Motor Credit Corp. in a case in front of the 9th Circuit. The matter originated in the bankruptcy court. The court is being asked to decide the enforceability of a lease assumption agreement when the debtor files a Chapter 7 bankruptcy petition.

AFSA’s amicus argued that if the case is decided in favor of the plaintiff, debtors will face difficulties in achieving a true fresh start after a Chapter 7 bankruptcy.

The case is Bobka v. Toyota Motor Credit Corporation.

October 30th, 2018 by