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IN RE McAULIFFE

Bankruptcy No. 93-20212. Adv. No. 94-2010.

180 B.R. 336 (1995)

In re Robert C. McAULIFFE, Jr., Debtor. Robert C. McAULIFFE, Jr., Plaintiff, v. GMAC MORTGAGE CORPORATION, Peoples Heritage Savings Bank and Fleet Bank of Maine, Defendants.

United States Bankruptcy Court, D. Maine.

April 7, 1995.

Attorney(s) appearing for the Case

Daniel Cummings, Norman, Hanson & DeTroy, Portland, ME, for plaintiff.

Andrew W. Sparks, Drummond & Drummond, Portland, ME, for defendant GMAC.

MEMORANDUM OF DECISION

JAMES A. GOODMAN, Chief Judge.

The facts of this proceeding are not in dispute. On March 16, 1993, Debtor Robert C. McAuliffe filed for protection under Chapter 7 of the Bankruptcy Code. As of the petition date, McAuliffe owned real property in North Waterboro, Maine (the "Residence"), which property was encumbered by several mortgages, including, a mortgage (the "Mortgage") in favor of GMAC Mortgage Corporation ("GMAC") that...

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