Carle Place, NY
Bankruptcy and debt Lawyer at Carle Place, NY
Practice Areas: Bankruptcy & Debt, Foreclosure ... +2 more
OUTCOME: Summary judgment denied to plaintiff as issue arose as to its legal capacity to bring the action
Mortgage foreclosure. Original lender who made the loan went into bankruptcy, and assignment of mortgage was dated after Bankruptcy Court Ordered Plan. Homeowner challenged validity of assignment of mo ... rtgage based upon Bankruptcy Plan, which affected plaintiff's standing to bring the foreclosure
OUTCOME: Summary judgment for my client - defendant ; case dismissed
Hostess Company that filed for bankruptcy sued bread distributor under a new company name, for outstanding invoices. The receivable being sued for was sold to a third party in the bankruptcy case and ... the Hostess entity was dissolved by Court Order, with no further authority to sue. Defendant moved to dismiss on the grounds that plaintiff no longer had standing to pursue the claim that receivable.
OUTCOME: Bankruptcy Court held that tenant, as a "contract vendee", had an equitable right to redeem the mortgage which was salvaged by his bankruptcy filing
Tenant who had contract to buy house from absentee owner, and paid the carrying charges of the house in the interim, but never closed on the contract was threatened with foreclosure and eviction by th ... e mortgage holder. Chapter 13 bankruptcy filed on the eve of the scheduled foreclosure.
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