Hardin v. Gianni (In Re King Street Investments, Inc.)

OPINION

RYAN, Bankruptcy Judge.

Creditors Tommy and Ann Hardin (“Appellants”), former principals and insiders of King Street Investments, fka Hardin Mortgage and Investment, Inc. (“Debtor”), a now defunct mortgage broker, filed an objection (the “Objection”) to the claims of James and Alice Porsche, Mary Ann Davis, and Louis Gianni (“Appellees”). The Objection is based on Appellees’ acceptance of a deed in lieu of foreclosure (the “Deed”) of a vacant parcel of real property in Lafayette, California (the “Property”), which Appellants contend extinguished any deficiency liability they had -to…