Saeger v. ITT Financial Services (In Re Saeger)
United States Bankruptcy Court, D. Minnesota
1Opinion of the Court
MEMORANDUM ORDER
ROBERT J. KRESSEL, Chief Judge.
This proceeding came on for hearing on the plaintiffs’ motion for summary judgment. Randall L. Seaver appeared for the plaintiffs. Daniel W. Stauner appeared for the defendant. This court has jurisdiction pursuant to 28 U.S.C. §§ 157 and 1334, and Local Rule 103(b). This is a core proceeding. Based on the memoranda and arguments of counsel, and the file in this proceeding, I make the following memorandum order.
FACTUAL BACKGROUND
On February 28, 1986, the Saegers borrowed money from ITT, signed a note and secured the debt with a second mortgage on…
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