In Re Tainan
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
WILLIAM A. KING, Jr., Bankruptcy Judge.
The issue at bench is whether a mortgagee is entitled to relief from the stay due to a debtor’s failure to make fifteen (15) pre-petition mortgage payments and six (6) post-petition payments. For the reasons stated herein, we conclude that it is. Accordingly, we will grant the mortgagee’s motion for relief in order that it may continue foreclosure proceedings.
The facts of the case are as follows: 1 On January 29, 1982, Raymond C.Q.K.T.N.W. Tainan, III (“debtor”) executed a note in favor of First Mortgage Service Company (“FMSC”). The note was…
2Cases cited7 opinions
- Guy v. LiederbachSupreme Court of Pennsylvania · 1983
- SPIRES Et Ux. v. Hanover Fire Ins. Co.Supreme Court of Pennsylvania · 1950
- Ukrainian Savings and Loan Ass'n v. Trident Corp.District Court, E.D. Pennsylvania · 1982
- Boulevard Mortgage Co. v. Hinkle (In Re Hinkle)United States Bankruptcy Court, E.D. Pennsylvania · 1981
- Kenrich Corp. Ex Rel. Kline v. MillerDistrict Court, E.D. Pennsylvania · 1966
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