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Tosado v. Banco Popular de P.R. (In re Rios)

Tosado v. Banco Popular de P.R. (In re Rios)

Ruling
Unrecorded mortgage liens fell within perfection of property interest exception to stay.
Procedural posture

Debtors brought an adversary proceeding pursuant to 11 U.S.C.S. §§ 544(a), 547(b), 549. The proceeding was before the court upon debtors' motion for summary judgment. Creditor filed a cross-motion for summary judgment.

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Consumer opinion summary, case decided on November 20, 2009 , LexisNexis #0410-078