Freedom Valley Federal Savings & Loan v. Albani (In re Scardino)

OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

The Petition of DMA Investments, Inc. requests that we set aside the sheriff’s sale of certain real property owned by the debtors-defendants. For reasons hereinafter given, we will dismiss the petition and sustain the sale.1

The debtor-defendants, Francesco and Anne Scardino (hereinafter “debtors”), filed a petition under Chapter 7 of the United States Bankruptcy Code on March 20, 1980. Upon motion of the first lienholder, Freedom Valley Federal Savings and Loan (hereinafter “Freedom Valley”), the automatic stay imposed by 11 U.S.C. § 362 was…