In Re Smith
May 02, 2012OUTCOME: Judge ruled property is part of Debtors bankruptcy estate and is entitled to use Chapter 13 and NYSD Loss Mitigation program. Bank ordered to evaluate Debtor for a loan modification
Debtor took ownership to home from dying mother by deed. Bank refused to acknowledge Debtor. Debtor asserted an entitlement to assumption and modification of loan. Brought suit in NY Southern District ... Bankruptcy to engage Bank in loss mitigation.
