Mortgage | ABI

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Consumer Bankruptcy

Full story via Calculated Risk blog.

Friday, August 20, 2021 - 12:00

Debtors Can’t Easily Glom Uncashed Distribution Checks

Just because a creditor doesn’t cash a distribution check doesn’t mean it’s abandoned and reverts to the debtor.

Court :

9th Circuit

California

California Eastern District

Monday, August 16, 2021

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Monday, August 16, 2021

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Please note that in order to view the content for the Bankruptcy Headlines please log in if you are already an ABI member, or otherwise you may Become an ABI Member

A Trustee Can’t Always Avoid and Preserve an Unrecorded Mortgage for the Estate

Here’s an example of how state law prevents bankruptcy law from being uniform throughout the U.S.

Court :

1st Circuit

Friday, August 13, 2021

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In ‘Chapter 20,’ Discharged Mortgage Claim Resurrects as Unsecured, EDNY Judge Says

Judge Grossman didn’t abolish ‘chapter 20’ entirely. He required the debtor to treat the subordinate mortgage lender like all other unsecured creditors, even though the debtor’s personal liability to the lender had been discharged in the prior chapter 7 case.

Court :

2nd Circuit

New York

New York Eastern District

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Full story via Calculated Risk blog.

Tuesday, August 10, 2021 - 12:00

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