In re McLaughlin

Ruling: 
Relief from stay granted to allow creditor bank to foreclose in absence of sufficient equity cushion.
Procedural posture: 
Creditor bank filed three motions for relief from the automatic stay under 11 U.S.C.S. § 362 for the purpose of foreclosing on properties owned by debtors. The debtors filed a motion to avoid attachment against the bank pursuant to 11 U.S.C.S. § 547.
Issue: 
ABI Membership is required to access the full summary of In re McLaughlin. 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 September 03,2009, LexisNexis #1009-086