Legal Opinion

In RE McKENITH

United States Bankruptcy Court, N.D. Illinois

Decided February 2, 2010No. 09-25978Published

1Opinion of the Court

MEMORANDUM OPINION ON BANK OF NEW YORK’S OBJECTION TO CONFIRMATION AND MOTION FOR RELIEF FROM STAY

JACK B. SCHMETTERER, Bankruptcy Judge.

The parties in this Chapter 13 case dispute when and how a debtor may exercise a special right under state law to redeem residential real property after a foreclosure sale at which the mortgagee is the successful bidder. The Debtor, Brandi MeKenith, is mortgagor of a parcel of real property located at 3120 East Forestview Trail in Crete, Illinois. That property is occupied as a residence not by MeKenith herself, but by McKenith’s brother, Scott MeKenith. The…

2Cases cited4 opinions

  1. Norma I. Colon, Debtor-Appellant v. Option One Mortgage Corporation, And/or Its AssignsCourt of Appeals for the Seventh Circuit · 2003
  2. J.I. Case Credit Corp. v. Kangas (In Re Kangas)United States Bankruptcy Court, D. Minnesota · 1985
  3. In Re SnowdenUnited States Bankruptcy Court, N.D. Illinois · 2006
  4. Snowden v. LITTON LOAN SERVICING INC.District Court, N.D. Illinois · 2006

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