Legal Opinion

In Re Holmdahl

United States Bankruptcy Court, W.D. Wisconsin

Decided November 3, 2010No. 3-18-14199PublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM DECISION AND ORDER

THOMAS S. UTSCHIG, Bankruptcy Judge.

This case presents an unusual scenario in which the debtors actually hope to benefit from a failed foreclosure sale. The parties have stipulated to the essential facts. The Holmdahls’ home is encumbered by a mortgage in favor of the creditor, AnchorBank. The debtors defaulted on their loan payments and AnchorBank started foreclosure proceedings in October of 2007. A foreclosure judgment was entered in March of 2008. After the expiration of the debtors’ redemption period, a sheriffs sale was conducted the following March. The…

2Cases cited16 opinions

Maryland Arms Ltd. Partnership v. ConnellWisconsin Supreme Court · 2010
In re ClarkCourt of Appeals for the Seventh Circuit · 1984
Norma I. Colon, Debtor-Appellant v. Option One Mortgage Corporation, And/or Its AssignsCourt of Appeals for the Seventh Circuit · 2003
Jones v. JenkinsWisconsin Supreme Court · 1979
GMAC Mortgage Corp. v. GisvoldWisconsin Supreme Court · 1998

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3Cited by1 opinion

In re JohnsonUnited States Bankruptcy Court, W.D. Wisconsin · 2014