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Putman v. AM Solutions LLC (In re Putman)

Ruling
Debtors could not strip off lien on principal residence in which equity remained on petition date.
Issue(s)
Could debtors strip off second lien on principal residence based on current valuation rather than valuation on petition date?

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Consumer opinion summary, case decided on September 05, 2014 , LexisNexis #1014-065

B & B Unlimited Inc. v. Beecroft (In re Beecroft)

Ruling
Debt resulting from debtor's attempt to sell mobile home twice and related slander of title was nondischargeable.
Issue(s)
Were damages arising from debtor's fraudulent sale of the same mobile home and subsequent litigation nondischargeable?

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Consumer opinion summary, case decided on June 13, 2014 , LexisNexis #0714-088

United States Trustee v. Smith (In re Smith)

Ruling
Discharge denied due to quitclaim intended to keep property out of estate.
Issue(s)
Should discharge be denied due to conveyance by quitclaim deed for no consideration intended to exclude property from the bankruptcy estate.

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Consumer opinion summary, case decided on January 07, 2014 , LexisNexis #0114-134

In re McLendon

Ruling
Chapter 12 trustee not entitled to portion of proceeds of sale conducted outside of plan and without trustee's participation.
Issue(s)
Was trustee entitled to percentage of proceeds of sale not contemplated in, taking place outside of and not modifying, chapter 12 plan.

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Consumer opinion summary, case decided on October 18, 2013 , LexisNexis #1113-098

In re Mantachie Apt. Homes LLC

Ruling
Relief from stay granted to allow bank to complete foreclosure due to lack of adequate protection and debtor's misconduct.
Procedural posture

Debtor LLCs filed separate petitions under chapter 11 of the Bankruptcy Code, and a bank that made loans that were secured by real property the debtors owned filed a motion seeking relief from the automatic stay under 11 U.S.C.S. § 362(d)(1), claiming that its interests in the debtors' properties were not being adequately protected. The court held a hearing on the bank's motions.

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Commercial opinion summary, case decided on March 12, 2013 , LexisNexis #0613-041