Legal Opinion
O'Brien v. Cleveland (In Re O'Brien)
United States Bankruptcy Court, D. New Jersey
Decided January 22, 2010No. 19-11819PublishedCited by 9 opinions
1Opinion of the Court
OPINION
RAYMOND T. LYONS, Bankruptcy Judge.
INTRODUCTION
Plaintiffs accuse the Defendants of defrauding them through a mortgage foreclo sure rescue scam. On the eve of a sheriffs foreclosure sale, Plaintiffs deeded their house worth over $800,000 to Defendant Cleveland with an option to buy it back at $650,000. Cleveland took out a new mortgage, paid off Plaintiffs’ old mortgage and pocketed over $100,000. He subsequently defaulted on his mortgage and the new lender commenced a second foreclosure action.
This mortgage rescue scam is fraudulent and is an unconscionable commercial practice in…
2Cases cited35 opinions
- Precision Instrument Manufacturing Co. v. Automotive Maintenance MacHinery Co.Supreme Court of the United States · 1945
- Keystone Driller Co. v. General Excavator Co.Supreme Court of the United States · 1933
- Gennari v. Weichert Co. RealtorsSupreme Court of New Jersey · 1997
- Banco Popular North America v. GandiSupreme Court of New Jersey · 2005
- Conklin v. WeismanSupreme Court of New Jersey · 1996
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3Cited by9 opinions
- Anthony D'agostino v. Ricardo Maldonado (068940)Supreme Court of New Jersey · 2013
- Tahir Zaman v. Barbara Felton (072128)Supreme Court of New Jersey · 2014
- Reibman v. MyersNew Jersey Superior Court Appellate Division · 2017
- Yingst v. Novartis AGDistrict Court, D. New Jersey · 2014
- Johnson v. NOVASTAR MORTGAGE, INC.District Court, D. New Jersey · 2010
4 more not listed; retrieve them via the Exa API.