IN RE BARKER

Bankruptcy No. 99-32081DAS. Adversary No. 99-1030.

251 B.R. 250 (2000)

In re Beatrice BARKER, Debtor. Beatrice Barker, Plaintiff, v. Altegra Credit Company, Gelt Financial Corporation, and McGlawn & McGlawn, Inc., Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

Supplemental Opinion July 20, 2000.


Attorney(s) appearing for the Case

Alan M. White, Community Legal Services, Philadelphia, PA, for Debtor.

Bonnie Golub, Philadelphia, PA, for Altegra Credit Company.

William Goldstein, Bensalem, PA, for Gelt Financial Corporation.

Stuart A. Eisenberg, Warminister, PA, for McGlawn & McGlawn, Inc.

Edward Sparkman, Philadelphia, PA, trustee.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION

What remains of the instant adversary proceeding ("the Proceeding") is the issue of whether, and if so in what amount, a mortgage Broker may be held liable to a Debtor-mortgagor for damages resulting from a detrimental loan transaction procured by the Broker on behalf of the Debtor, particularly when the mortgagee in the transaction and its assignee reached a pretrial settlement...

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