IN RE FANDETTI

Bankruptcy No. 8600576, Adv. No. 870031.

76 B.R. 21 (1987)

In re Matthew L. FANDETTI and Carole M. Fandetti, Debtors. Flora FANDETTI, Matthew L. Fandetti, and Carole M. Fandetti, Plaintiffs, v. CITIZENS SAVINGS BANK, FSB, Capital Resources Corporation, Ready Capital Corporation, First Jersey Savings & Loan Association, EMT Associates, and Avram Cohen, Trustee, Defendants.

United States Bankruptcy Court, D. Rhode Island.

July 21, 1987.


Attorney(s) appearing for the Case

John Boyajian, Boyajian, Coleman & Harrington, Providence, R.I., for plaintiffs.

Avram Cohen, Providence, R.I., trustee.

Robert Huseby, Licht & Semenoff, Providence, R.I., for Citizens Bank.

Thomas Hefner, Greenville, R.I., for EMT Associates.

John P. Toscano, Jr., Westerly, R.I., for Ready Capital Corp.


ORDER

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on June 29, 1987, on the plaintiffs' (debtors) complaint for a temporary restraining order to prevent the real estate closing and distribution of proceeds from the sale of their residence, which was purchased at public foreclosure sale on April 15, 1987 by EMT Associates for $92,000. Plaintiff Flora Fandetti, the largest (alleged) unsecured creditor, objects (most belatedly) to the distribution, because...

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