IN RE KAUFMAN

Bankruptcy No. 81-03864G, Adv. No. 82-0373G.

24 B.R. 498 (1982)

In re Robert KAUFMAN, Debtor. HARLEYSVILLE NATIONAL BANK AND TRUST COMPANY, Plaintiff, v. Robert KAUFMAN and James J. O'Connell, Trustee, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

November 9, 1982.


Attorney(s) appearing for the Case

Robert H. Levin, Richelle D. Hittinger, Adelman, Lavine, Krasny, Gold & Levin, Philadelphia, Pa., for plaintiff, Harleysville National Bank and Trust Co.

George Willner, King of Prussia, Pa., for debtor/defendant, Robert Kaufman.

James J. O'Connell, Philadelphia, Pa., trustee.


OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The issue before us is whether we should grant relief from the automatic stay imposed by section 362(a) of the Bankruptcy Code ("the Code") to permit the mortgagee to foreclose on the debtor's two (2) residences. We conclude that the mortgagee is entitled to such relief because we find that the debtor lacks equity in the properties in question and because the properties are not necessary for an effective reorganization...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases