Putnam Trust Co. of Greenwich v. Frenz (In Re Frenz)
United States Bankruptcy Court, D. Connecticut
1Opinion of the Court
MEMORANDUM AND ORDER ON SANCTIONS UNDER RULE 9011(a) F.R.BANKR.P.
ALAN H.W. SHIFF, Bankruptcy Judge.
BACKGROUND
Putnam Trust Company of Greenwich holds promissory notes in the amounts of $150,000.00 and $30,000.00 which are secured by mortgages on the debtor’s residence. After the debtor defaulted on payment obligations, Putnam Trust commenced a foreclosure proceeding in state court and, on or about January 23, 1989, obtained a judgment of strict foreclosure.
On August 21, 1989, the debtor filed a petition under Chapter 13. That case was dismissed on June 13, 1990 due to the debt- or’s failure to…
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