In re Raejean S. Bonham dba World Plus
Bankruptcy No. F95-00897
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Bankruptcy Judge Herbert A. Ross ruled January 13, 1999 that the bankruptcy trustee could not recover from BRA Defendants under a theory of usury. Some of the BRA Defendants had already had default judgments entered against them on grounds that included usury. This decision addresses those default judgments.

HERBERT A. ROSS
U.S. Bankruptcy Judge

In re RAEJEAN BONHAM, aka Jean Bonham, aka Jeannie Bonham, dba World Plus; WORLD PLUS, INC., an Alaska corporation; and ATLANTIC PACIFIC FUNDING CORP., a Nevada corporation, Debtor(s)

Case No. F95-00897-HAR In Chapter 7

In re BONHAM RECOVERY ACTIONS, a proceeding to jointly administer certain pre-trial issues in numerous related adversary proceedings.

ADV PROC NO F95-00897-168-HAR (BANCAP No. 96-4281) ORDER GIVING NOTICE OF INTENT TO SET ASIDE DEFAULT JUDGMENTS WITH RESPECT TO USURY

Pursuant to a memorandum decision⁽¹⁾ being entered concurrently,

IT IS ORDERED that,

1. NOTICE OF INTENT TO SET ASIDE USURY DAMAGES AWARDED IN DEFAULT JUDGMENTS-   The court gives notice of its intent to set aside the default judgments, but not the defaults, of those judgment creditors listed in the table attached to the Memorandum Regarding the Setting Aside of Default Judgments With Respect to Usury, dated February 23, 1999.

2. TIME FOR TRUSTEE TO RESPOND-  The trustee must file an opposition to the court setting aside the usury damages by Friday, March 19, 1999, or the court will proceed to set the usury damages aside. If an objection is filed, the defendants affected may file a reply in support of setting aside the usury damages.

3. IF THE TRUSTEE DOES NOT OBJECT- If the trustee does not choose to challenge the legal basis of the court's intent to set aside the default judgments, he should provide to the court a recalculation of damages for each of the adversary cases. At least a three-day notice of any intent to enter a modified default judgment must be given.⁽²⁾

Dated: February 23, 1999

______________________________ HERBERT A. ROSS U.S. Bankruptcy Judge

Serve:

RaeJean Bonham, Debtor

Cabot Christianson, Esq., for Trustee

Larry D. Compton, Trustee

John Burns/David G. Parry, Esqs., for Joint Defense Committee

Rebecca Copeland, Esq., for Joint Defense Committee

Janet Stafford, Adversary Proceeding Manager

Maia Weber, Deputy Clerk, Fairbanks

Danny & Susan Hall, Pro Se s

John Kirkley, Pro Se

Dale Franklin, Pro Se

Merle Franklin, Pro Se

Christopher C. Parkan, Pro Se

Richard & Bonni Woods, Pro Se s

Lynn Lirette, Pro Se

Ted Mickowski, Jr., Pro Se

Richard & Willie Peacock, Pro Se s

Dalpha Reid, Pro Se

Mary & Ralph Tittle, Pro Se s

Robert A. Wierenga, Pro Se s

Edward & Patricia Skingel, Pro Se s

Kerry LaBelle, Pro Se

Ailyne Law-As/Ed & Daisy Sheppler, Pro Se s

Barry Jackson, Esq., for Ailyne Law As,

Gail McQuade/Lorraine Desacia, Pro Se s

Wayne & Carolyn Nelson, Pro Se s

Sue Winton, Pro Se

Sean Carlin, Pro Se

Phillip & Bridgit Loudon, Pro Se s

D3727

1. Memorandum Regarding the Setting Aside of Default Judgments With Respect to Usury, dated February 23, 1999.

2. FRCP 55(b)(2).

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