Yancy v. Adree Acceptance Co. (In Re Yancy)

MEMORANDUM OPINION

HAROLD H. BOBIER, Bankruptcy Judge.

Introduction

This matter comes before the Court on the verified complaint filed by the bankrupt, Jimmey E. Yancy, on July 1, 1981, which seeks to set aside a foreclosure sale and to declare the resulting Sheriff’s Deed to be null and void pursuant to the provisions of the Bankruptcy Act.

Findings of Fact

The parties, by and through their respective counsel, have agreed and stipulated to the following uncontested facts:

1. On November 9, 1973, certain real estate located in the City of Flint, and commonly known as 1542 Maryland, was acquired by…