Legal Opinion
McMillen v. Kadis (In re McMillen)
United States Bankruptcy Court, D. Massachusetts
Decided May 7, 2008No. Bankruptcy No. 02-18501-WH; Adversary No. No. 04-1140PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OF DECISION
WILLIAM C. HILLMAN, Bankruptcy Judge.
While in a case under chapter 13, and facing imminent foreclosure on his home, Debtor Raymond McMillen entered into a court-approved purchase and sale agreement with Defendant Marc Kadis: Kadis would purchase the home at a bargain-basement price but permit McMillen to continue living in it for five years, the first year’s rent to be deferred, and give McMil-len a five-year option to buy the home back at fair market value. Kadis did purchase the home but also announced his intention not to the pay final installment of the purchase…
2Cases cited3 opinions
- International Underwater Contractors, Inc. v. New England Telephone & Telegraph Co.Massachusetts Appeals Court · 1979
- Bushay v. McDonnell (Bushay)Bankruptcy Appellate Panel of the First Circuit · 2005
- Bushay v. McDonnell (In Re Bushay)Court of Appeals for the First Circuit · 2006
3Cited by1 opinion
- In RE McMILLENUnited States Bankruptcy Court, D. Massachusetts · 2008