In re: Adam Scott Eakins

United States Bankruptcy Court, N.D. Illinois·Decided August 13, 2026·No. 25-18108·Unknown

Opinion

UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION

IN RE: ) Bankruptcy No. 25 B 18108 ) ADAM SCOTT EAKINS, ) Chapter 7 ) Debtor. ) Honorable Daniel R. Fine

MEMORANDUM OPINION AND ORDER ON UNITED STATES TRUSTEE’S MOTION TO DISMISS Debtor Adam Scott Eakins filed for bankruptcy under Chapter 7 of the United States Bankruptcy Code. The United States Trustee (“UST”) has moved to dismiss the case under 11 U.S.C. § 707(b). (Dkt. No. 30.) Section 707(b) authorizes a bankruptcy court to dismiss a Chapter 7 bankruptcy case if granting relief to an individual debtor whose debts are primarily consumer debts “would be an abuse of the provisions of this chapter.” 11 U.S.C. § 707(b)(1).1 The UST maintains that abuse is established here because Debtor, a relatively high- income earner, “seeks to retain numerous luxury items and continue to make substantial monthly payments on those items while paying nothing to his unsecured creditors.” (Dkt. No. 30 at 3–4.) All told, he seeks to retain (and pay down debt on) inessential consumer goods valued at more than $402,000, while discharging personal liability on more than $82,000 of unsecured debt racked up on credit cards and from personal loans. (Id. at 4–5.)

1 The UST sought alternative relief under 11 U.S.C. § 707(a), but because the UST’s main argument carries the day, the Court will say (almost) nothing more about the UST’s fallback position. The items he seeks to retain include a recreational vehicle (“RV”), two jet skis, two snowmobiles, and a boat that by itself is valued at $185,000.

Debtor argues that dismissal is neither authorized nor warranted under these circumstances. He maintains that his debts are not primarily consumer debts—meaning that Section 707(b) by its terms cannot apply to him. (Dkt. No. 39 at 3.) He also argues that the totality of the circumstances does not support a finding of abuse. (Id. at 5.) In part, this is because Debtor and his non-filing spouse “reside in Florida where a Boat [sic] and jet skis are commonplace.” (Id. at 3.) (To his credit, he makes no representation about the

comparative popularity of snowmobiles in Florida.) Debtor’s arguments lack merit. His contention that his debts are not consumer debts appears at odds with the plain language of the Bankruptcy Code and—more importantly—is supported by nothing more than attorney say-so. Debtor’s effort to direct his sizeable monthly income toward a flotilla of inessential consumer goods while

relegating his general creditors to the murky depths is an abuse of Chapter 7 bankruptcy. The UST’s motion to dismiss will be granted unless Debtor files a motion to convert this case and seeks approval of a wage-earner’s plan under Chapter 13. Debtor will have until August 31, 2026, to file a motion to convert. If he does not do so, the case will be dismissed.

I. Jurisdiction The Court has jurisdiction under 28 U.S.C. §§ 1334(b) and 157(b)(1). Motions to dismiss under 11 U.S.C. § 707 are core proceedings that bankruptcy courts have statutory and constitutional authority to decide. In re Hozey, 659 B.R. 337, 341 (Bankr. N.D. Ill. 2024). II. Factual Background The material facts are taken from the parties’ briefs, Debtor’s petition and schedules, and the exhibits that the parties filed in connection with the UST’s motion.

See In re Jakovljevic-Ostojic, 517 B.R. 119, 123 (Bankr. N.D. Ill. 2014). No factual dispute between the parties impacts the Court’s analysis. Debtor filed this Chapter 7 case in late November 2025. (Dkt. No. 1.) He resides in Florida but had lived in this district longer than any other in the 180 days before he filed. Thus, venue properly lies here. See 28 U.S.C. § 1408(1).

Along with his petition, Debtor filed Schedules, his Statement of Financial Affairs, and other related documents. (Dkt. No. 1.) These materials show that, at the time he filed bankruptcy, Debtor held property interests worth more than $516,000 (id. at 10); owed debts of about $484,000 (id.); and enjoyed monthly income of more than $14,200 (id. at 34). Taking a closer look at the asset side of the balance sheet, Debtor’s Schedule A/B

shows that he and his non-filing spouse own, in a joint tenancy by the entirety, a house valued at $379,000. (Id. at 12.) There is very little equity in the house, located in Bradenton, Florida, but the non-filing spouse is the only one listed on the mortgage and note. (Id.) Debtor’s Schedule A/B lists several additional items of property and estimates the value of those items. The chart below identifies those items and—drawing on his

Schedule D to provide a peek at the liabilities side of the balance sheet—includes information about how much he owes on them and the extent to which the corresponding debts are secured: ASSET DESCRIPTION VALUE | OWED UNSECURED PORTION 2024 Polaris Slingshot $30,000 2022 Coachman Pursuit 2955 | $90,000 | $110,855.48 | $20,855.48 recreational vehicle 2023 Blackfin 252 DC (boat) $185,000 | $179,320.73 2022 Skidoo Mach Z snowmobile $14,000 | $15,585.21 $1,585.21 2023 Renegade XRS snowmobile $14,000 | $15,453.72 $1,453.72 2022 Snopro trailer $12,000 2024 Yamaha FXSV Ho jet ski with | $25,000 | $27,858.05 $2,858.05 2022 single trailer 2024 Seado [sic] Fishpro 170 jet ski | $25,000 | $28,585.92 $3,585.92 with 2023 double trailer 2022 CanAm Maverick XRS Turbo | $20,000 | $24,392.81 $4,392.81 TOTALS $415,000 | $402,051.92 | $34,731.19

(Dkt. No. 1 at 13-14, 20-22.) In broad brushstrokes, it is fair to say that Debtor owns a substantial amount of property that can generally be regarded as recreational in nature. But the property is heavily encumbered. If a chapter 7 trustee were to liquidate the assets, doing so would not create value for the entire pool of creditors. Debtor appears able to make payments on the property listed above because, each month, he brings home a tidy sum. His Schedule I states that he earns a gross monthly salary of $11,323.00. He works as “Director of Fiber Splicing” for a company called National Technologies. (Id. at 33-34.) His income is not the sole source of support for the household. Debtor’s non-filing spouse is retired, but her pension brings in another $6,236.60 each month. (Id.) Their net monthly income adds up to $14,242.78. (Id. at 34.) They spend almost all of it.

Debtor’s Schedule J lists monthly expenses totaling $14,054.55. (Id. at 35–36.) A handful of line items will prove important to the Court’s analysis. Debtor’s boat

payment is $1,575.76 per month. (Id. at 36.) He also makes monthly payments for the two jet skis ($1,026.42); two snowmobiles ($915.49); and his RV ($852.35). (Id.) These expenses alone add up to $4,370.02 in monthly payments. Debtor also spends $1,000 per month on services for telephone, cell phone, Internet, satellite, and/or cable. (Id. at 35.) According to Debtor, he ekes out net monthly income of just $188.23. (Id. at 36.) III. Procedural History

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