Legal Opinion

In re Moy

United States Bankruptcy Court, N.D. Illinois

Decided August 25, 2014No. 12-B-81564Published

1Opinion of the Court

MEMORANDUM OPINION

THOMAS M. LYNCH, Bankruptcy Judge.

McHenry Savings Bank seeks relief from both the automatic stay and the co-debtor stay to proceed with its pending foreclosure proceeding with respect to real property commonly known as 8220 Crystal Springs Road, Woodstock, Illinois 60098 (the “Crystal Springs Property”). For the reasons stated below, the motions for relief from stay and relief from the co-debtor stay will be granted.

JURISDICTION AND PROCEDURE

The Court has jurisdiction to decide this matter pursuant to 28 U.S.C. § 1334 and Internal Operating Procedure 15(a) of the United…

2Cases cited6 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. In the Matter of Leslie BOOMGARDEN, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
  3. Darrell W. Harris and Pamela Harris v. Fort Oglethorpe State BankCourt of Appeals for the Sixth Circuit · 1983
  4. Household Finance Corp. v. Jacobsen (In Re Jacobsen)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1982
  5. Southeastern Bank v. BrownDistrict Court, S.D. Georgia · 2001

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