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Burden v. Branch Banking & Trust Co. (In re Potter)

Burden v. Branch Banking & Trust Co. (In re Potter)

Ruling
Improperly recorded mortgage avoided as not providing notice to trustee as bona fide purchaser.
Procedural posture

Defendant debtors filed for relief under chapter 13 of the Bankruptcy Code. Plaintiff trustee filed an adversary proceeding to avoid a mortgage lien held by defendant creditor, pursuant to 11 U.S.C.S. § 544(a). The trustee and the creditor filed motions for summary judgment.

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Consumer opinion summary, case decided on March 05, 2008 , LexisNexis #0308-121