Burns v. Farmers State Bank (In Re Ragsdel)

OPINION DETERMINING THE EXTENT AND VALIDITY OF HOME LIENS

BARRY S. SCHERMER, Chief Judge.

The issue before the Court is when Donald Gene Ragsdel (“Debtor”) acquired an interest in certain real estate and whether a judicial lien attached to the property. On January 20, 2009, Trustee Rice P. Burns, Jr. (“Trustee”) filed a Complaint against Farmers State Bank N/K/A Citizen’s State Bank (“Farmers”) and Platinum Financial Services Corporation (“Platinum”) to determine the extent and validity of home liens. The Trustee represents himself and Farmers is represented by counsel. Platinum has not filed a…