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BANK OF RAVENSWOOD v. PATZOLD

No. 81 C 5128.

27 B.R. 542 (1982)

BANK OF RAVENSWOOD, Plaintiff, v. Fred A. PATZOLD, Roberta J. Patzold and Craig Phelps, Trustee, Defendants.

United States District Court, N.D. Illinois, E.D.

February 17, 1982.

Attorney(s) appearing for the Case

Edward J. Halper, Hoellen, Lukes & Halper, Chicago, Ill., for plaintiff.

Ronald E. Siegel, Chicago, Ill., for defendants.

DECISION

McMILLEN, District Judge.

Plaintiff as mortgagee filed a complaint in the bankruptcy proceedings of its mortgagors, defendants Patzold, in order to clarify plaintiff's right to obtain a sheriff's deed in the foreclosure proceedings which had previously been filed against the Patzolds in the Illinois state court. A foreclosure sale had been held, plaintiff was the successful bidder, and two days before the mortgagors' period of redemption expired...

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