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In re Krantz

In re Krantz

Ruling
Debtors had standing to seek avoidance of lien on home sold after petition date.
Procedural posture

Debtors filed a petition under chapter 7 of the Bankruptcy Code and sought a ruling that they were entitled under 11 U.S.C.S. § 522(f)(1) to avoid a judicial lien a creditor placed on a home they owned because the lien impaired their homestead exemption. The court held a hearing on the motion and the creditor's objection.

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Consumer opinion summary, case decided on November 28, 2012 , LexisNexis #1212-116