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Legal Opinion

Richardson v. JPMorgan Chase Bank, N.A. (In re Jordan)

United States Bankruptcy Court, C.D. Illinois

Decided January 7, 2016No. Case No. 15-70132; Adversary No. 15-7033PublishedCited by 6 opinions

1Opinion of the Court

OPINION

Mary P. Gorman, United States Chief Bankruptcy Judge’

' ’ The issue before the Court is whether a real estate mortgage obtained by an unlicensed lender is valid and enforceable under Illinois law. The Trustee has filed a complaint to avoid a mortgage held by JPMorgan Chase on the Debtor’s residence, claiming that the original lender and mortgagee was unlicensed and therefore the mortgage is void. JPMorgan Chase has responded, by filing a motion to dismiss asserting that under controlling Illinois law, even if the original lender was unlicensed, the mortgage remains valid and.…

2Cases cited21 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Stern v. MarshallSupreme Court of the United States · 2011
  4. Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
  5. Equal Employment Opportunity Commission v. Concentra Health Services, Inc.Court of Appeals for the Seventh Circuit · 2007

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3Cited by6 opinions

  1. Wells Fargo Bank, N.A. v. MakaAppellate Court of Illinois · 2017
  2. Wells Fargo Bank, N.A. v. MakaAppellate Court of Illinois · 2017
  3. Nationstar Mortgage LLC v. MissirlianAppellate Court of Illinois · 2017
  4. Nationstar Mortgage LLC v. MissirlianAppellate Court of Illinois · 2017
  5. Jordan v. PritchardUnited States Bankruptcy Court, E.D. Tennessee · 2021

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