Showing 11 posts from 2010.
July 30, 2010
Chapter 7 Trustee is Not a "Lien Creditor" as to Lien Preserved for the Benefit of the Estate
In re Neal, Bankr. E.D. Mich., Feb. 8, 2010 (Case No. 08-57254, Hon. Steven Rhodes).
In this case, the chapter 7 debtors claimed an exemption in their house, which was also subject to an unperfected mortgage. The trustee commenced an adversary proceeding, and the court set aside the mortgage. The trustee then tried to sell the house, but the debtors allegedly failed to cooperate with the trustee and refused to vacate the house. Read More ›
Categories: Chapter 7, Eastern District of Michigan
Posted by: Laura J. Genovich
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