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§ 544(a)(3)

In re Story

Ruling
Trustee’s objection to secured claim status of claim secured by fixture overruled. (Bankr.W.D.N.C.)
Issue(s)
Should creditor’s objection to confirmation of the debtors' proposed chapter 13 plan be sustained?

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Consumer opinion summary, case decided on September 21, 2016 , LexisNexis #1016-057

Fox v. Nowlin (In re Nowlin)

Ruling
Trustee had status of bona fide purchaser of property absent any indication of other interest.(Bankr. C.D. Cal.)
Issue(s)
Did the trustee have status as a bona fide purchaser for value so as to be able to conduct its sale?

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Consumer opinion summary, case decided on September 02, 2016 , LexisNexis #0916-125

Hull v. Bishop (In re Bishop)

Ruling
Trustee could sell property owned by debtors as joint tenants free and clear of improperlyacknowledged mortgage. (Bankr. D. Me.)
Issue(s)
Could trustee avoid a mortgage on real estate owned by the debtor and spouse, as joint tenants, and then sell their interests in the real estate, where the property was subject to a mortgage?

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Consumer opinion summary, case decided on July 28, 2016 , LexisNexis #0816-103

Grossman v. Wells Fargo Bank N.A. (In re Thompson)

Ruling
Trustee could not avoid a mortgage that was validly acknowledged under state law.
Issue(s)
Could trustee avoid a mortgage as being recorded with two allegedly insufficient acknowledgements?

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Consumer opinion summary, case decided on May 12, 2016 , LexisNexis #0616-020

Liebzeit v. Intercity State Bank FSB (In re Blanchard)

Ruling
Mortgage on vendor's interest in land contract was valid under state law and had priority over trustee's avoidance powers.
Issue(s)
Whether a bankruptcy trustee could use his strong arm powers under 11 U.S.C.S. § 544(a)(3) to avoid a bank's mortgage on the debtors' property, which was subject to a land contract, so he could use their vendor's interest in the land contract for the benefit of unsecured creditors.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 14, 2016 , LexisNexis #0516-055

DeGiacomo v. First Call Mortg. Co. (In re Reznikov)

Ruling
Mortgage that did not give constructive notice to subsequent purchasers for value could be avoided.
Issue(s)
Was mortgage subject to avoidance because the certificate of acknowledgment was materially defective under state law?

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Consumer opinion summary, case decided on March 29, 2016 , LexisNexis #0416-085

Bank of Am. N.A. v. Welsh (In re Welsh)

Ruling
Bank's reinstated mortgage that had been mistakenly released mortgage could be avoided.
Issue(s)
Should lien that was mistakenly released and that lender subsequently attempted to reinstate be avoided?

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Consumer opinion summary, case decided on October 01, 2015 , LexisNexis #1115-021

Perry, In re--Kelley v. Wells Fargo Bank, N.A.

Ruling
Trustee could not use his strong-arm powers to avoid the security deed as it was eligible forrecording and thus its recordation provided constructive notice to subsequent bona fidepurchasers. (Bankr. M.D. Ga.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Consumer opinion summary, case decided on July 01, 2015 , LexisNexis #0317-018

Mbazira v. Ocwen Loan Servicing LLC (In re Mbazira)

Ruling
Mortgage with acknowledgement that omitted debtor's name could be avoided.
Issue(s)
Was omission of debtor's name from acknowledgement grounds for avoidance of a mortgage?

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Consumer opinion summary, case decided on March 31, 2015 , LexisNexis #0515-015

In re Zubenko

Ruling
Constructive notice of unrecorded interest in property defeated trustee's bona fide purchaser status.
Issue(s)
Was creditor entitled to relief from the automatic stay in order to record a trustee's deed upon sale it received from a pre-petition foreclosure sale of property formerly owned by debtor and to proceed with an action for possession of the property?

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Consumer opinion summary, case decided on March 23, 2015 , LexisNexis #0415-096