Capital Communications Federal Credit Union v. Boodrow

How later courts describe this case

• acknowledging, in a case tried before Wells but argued on appeal after Wells, that materiality is not an element of § 1014 and thus holding that the district court had not erred in refusing to apply pre-Wells precedent
• “Since cause is not defined in the Code, a court has broad discretion to lift the stay in ‘appropriate circumstances’ ”
• section 521(2) does not prevent a debtor who is current on loan obligation from retaining collateral and making payment under original loan agreement without reaffirming, surrendering, or redeeming vehicle
• court’s refusal to approve affirmation agreement constitutes harm to creditor