MATTER OF BUNDLES

No. 87-2120.

856 F.2d 815 (1988)

In the Matter of Donald Eugene BUNDLES, Debtor-Appellant. In re Donald Eugene BUNDLES, Appellant, v. William J. BAKER, Indiana National Bank and James C. Wells, Appellees.

United States Court of Appeals, Seventh Circuit.

Decided August 25, 1988.


Attorney(s) appearing for the Case

Judith E. Seubert, UAW Ford Legal Services Plan, Indianapolis, Ind., for debtor-appellant.

Edward B. Hopper, II, Hopper & Cobb, Indianapolis, Ind., for appellee.

Before WOOD Jr., CUDAHY and RIPPLE, Circuit Judges.


RIPPLE, Circuit Judge.

In this appeal, we must decide whether a debtor in bankruptcy may set aside under section 548(a)(2) of the Bankruptcy Code (the Code), 11 U.S.C. § 548(a)(2) (Supp. IV 1986), the sale of his personal residence upon foreclosure of the mortgage. The bankruptcy court and the district court held that he could not. We reverse and remand for further proceedings.

I

Background

A. Statutory Background

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