FirstBank P.R. v. Mujica (In re Mujica)

Ruling: 
Creditor failed to establish that it had a validly perfected lien on the petition date or that it was entitled to the postpetition recording exception.
Issue: 
Whether a creditor had a validly perfected lien at the time of the filing of the debtor's bankruptcy petition and/or subject to be recorded post-petition under the exception provided by 11 U.S.C.S. § 362(b)(3).
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Consumer case opionion summary, case decided on March 31,2014, LexisNexis #0714-039