Sergi v. Everett Savings Bank (In Re Sergi)
Bankruptcy Appellate Panel of the First Circuit
1Opinion of the Court
Background
GOODMAN, Bankruptcy Judge.
This case arises in the Debtor’s 1 second chapter 11 filing 2 in three years. In the first case filed in 1992, Everett Savings Bank (herein “Everett” or the “Bank”) held valid, first priority mortgages on two parcels of the Debtor’s property known as Park Street and Westford Street. 3 The parties resolved Everett’s claim in the 1992 case by entering into a stipulation that was incorporated into the confirmed plan, and the Park Street Mortgage and the Westford Street Mortgage were never discharged.
In the second case, filed in 1995, the Debtor filed the…
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- In Re Sugarhouse Realty, Inc.District Court, E.D. Pennsylvania · 1996
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