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Lassman v. OneWest Bank FSB (In re Swift)

Lassman v. OneWest Bank FSB (In re Swift)

Ruling
Trustee could avoid and preserve mistakenly released mortgage for the estate.
Procedural posture

Plaintiff Chapter 7 trustee sought to avoid, pursuant to 11 U.S.C.S. § 544(a)(3), a mortgage on defendant debtor's property that was mistakenly discharged by defendant lender and preserve it for the estate pursuant to 11 U.S.C.S. § 551. The trustee filed a motion for summary judgment and the debtor filed a cross motion for summary judgment.

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Consumer opinion summary, case decided on October 07, 2011 , LexisNexis #1111-026