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IN RE IFC CREDIT CORP.

No. 11-2172.

663 F.3d 315 (2011)

In re IFC CREDIT CORPORATION, Debtor. Appeal of Northbrook Bank & Trust Company.

United States Court of Appeals, Seventh Circuit.

Decided December 5, 2011.

Attorney(s) appearing for the Case

William J. Dorsey (argued), Attorney, Katten Muchin Rosenman LLP, Chicago, IL, for Appellant.

Allen J. Guon (argued), Attorney, Shaw Gussis Fishman Glantz Wolfson & Towbin LLC, Chicago, IL, for Trustee-Appellee.

Before BAUER, POSNER, and WOOD, Circuit Judges.

POSNER, Circuit Judge.

IFC Credit Corporation voluntarily declared bankruptcy under Chapter 7 of the Bankruptcy Code on July 27, 2009. Its bankruptcy petition was signed only by its president, however, and he is not a lawyer—a slip that precipitated this appeal—though the next day the company filed an amended petition signed by a lawyer.

Prior to the filing of the bankruptcy petition, a creditor of IFC (Northbrook Bank & Trust—actually...

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