Shapiro v. First Franklin Financial Corp. (In Re Rechis)
United States Bankruptcy Court, E.D. Michigan
1Opinion of the Court
Opinion on Objection to Exemptions and Cross-Motions for Summary Judgment
STEVEN RHODES, Chief Judge.
Deborah Rechis filed a voluntary chapter 7 bankruptcy petition on May 27, 2004. In her initial schedules, Rechis disclosed an interest in her home and did not disclose a co-owner. Mark Shapiro is the duly appointed chapter 7 trustee.
In order to purchase their home, Rechis and her husband obtained a loan from First Franklin Financial Corp. in the amount of $217,550. Rechis and her husband executed a promissory note for repayment and gave First Franklin a purchase money mortgage in the home. The…
2Cases cited8 opinions
- Costello v. United StatesSupreme Court of the United States · 1961
- Kansas v. ColoradoSupreme Court of the United States · 1995
- Lasich v. Estate of Wickstrom (In Re Wickstrom)United States Bankruptcy Court, W.D. Michigan · 1990
- In Re Cannonsburg Environmental Associates, Ltd., Debtor. Tully Construction Company, Inc. v. Cannonsburg Environmental Associates, Ltd.Court of Appeals for the Sixth Circuit · 1996
- Bankr. L. Rep. P 75,231 in Re Norbert M. Arango, Debtor. Norbert M. Arango v. Third National Bank in NashvilleCourt of Appeals for the Third Circuit · 1993
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3Cited by3 opinions
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- Boyd v. PetrieDistrict Court, W.D. Michigan · 2010