In re Jacobson

Ruling: 
Servicing agent for note holder lacked standing to seek relief from stay to enforce deed of trust.
Procedural posture: 
Movant, a servicing agent for the holder of the note, sought relief from the automatic stay of 11 U.S.C.S. § 362(a) to enforce a deed of trust on the debtors' residence. The issues were whether a "servicing agent" was the real party in interest in whose name a relief from stay motion could be brought and whether the servicing agent had standing to seek relief from stay to enforce the debtors' deed of trust.
Issue: 
ABI Membership is required to access the full summary of In re Jacobson. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on March 06,2009, LexisNexis #0609-002