Grandstaff v. Casey (In Re Casey)
United States Bankruptcy Court, S.D. California
1Opinion of the Court
ORDER ON MOTION FOR RELIEF FROM STAY
PETER W. BOWIE, Chief Judge.
Creditor Christine Grandstaff has moved for relief from the automatic stay so she can foreclose on her third position trust deed. Debtor has valued the property in her Schedules at $230,000, and according to Grandstaff there is a $218,000 first position note, and a $236,000 second ahead of Grandstaffs third position note for $20,000, which has grown to $30,698. Debtor agrees there is no equity in the property to which Grandstaffs lien may attach, but offers different figures and creditors.
At the core of Grandstaffs motion is the…
2Cases cited15 opinions
- In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
- Bruning v. United StatesSupreme Court of the United States · 1964
- In Re Jonathan Barnes Leavitt, Debtor. Jonathan Barnes Leavitt v. Carlos SotoCourt of Appeals for the Ninth Circuit · 1999
- Espinosa v. United Student Aid Funds, Inc.Court of Appeals for the Ninth Circuit · 2008
- Great Lakes Higher Education Corp. v. Pardee (In Re Pardee)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998
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- In Re JenningsUnited States Bankruptcy Court, N.D. Georgia · 2011
- In Re FairDistrict Court, E.D. Wisconsin · 2011
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