State Bank of Florence v. Miller (In Re Miller)

OPINION

JANE B. STRANCH, Circuit Judge.

The State Bank of Florence, located in Wisconsin (“the Bank”), appeals from the decision of the Bankruptcy Appellate Panel (“BAP”) affirming the bankruptcy court’s decision to deny the Bank relief from the automatic stay and to deny its objection to the third amended Chapter 13 plan of the debtor, Richard K. Miller (“Miller”), a Michigan resident. The question before us is whether the Bank’s credit bid at a Michigan sheriffs sale held after the Bank foreclosed by advertisement on some of Miller’s property extinguished his entire debt to the Bank. The…