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Iannacone v. Household Indus. Fin. Co. (In re Stepka)

Iannacone v. Household Indus. Fin. Co. (In re Stepka)

Ruling
Mortgage with erroneous property descriptions avoided and preserved for benefit of estate.
Procedural posture

Trustee filed a complaint against defendants, chapter 7 debtors and a creditor, to avoid a transfer of real property and preserve it for the benefit of the estate pursuant to 11 U.S.C.S. §§ 550, 551, and 544(a)(3). The debtors and the trustee each filed motions for summary judgment. The creditor filed a response in opposition to the debtors' motion.

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Consumer opinion summary, case decided on March 15, 2010 , LexisNexis #0510-019