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In re Morrison

In re Morrison

Ruling
Creditor that paid loan in full subrogated to lender’s claim. (Bankr. D. Mass.)
Issue(s)
After creditor paid a debt on which both he and the the debtors were guarantors, was creditor subrogated to the lender's position against the debtors, including the lender's third mortgage position on the debtors' home?

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Consumer opinion summary, case decided on August 02, 2016 , LexisNexis #0816-101