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IN RE McMILLEN

Bankruptcy No. 02-18501-WH. Adversary No. No. 04-1140.

390 B.R. 1 (2008)

In re Raymond E. McMILLEN, Jr., Debtor Raymond E. McMillen, Jr., Plaintiff v. Marc Kadis, Defendant/Plaintiff in Counterclaim v. Raymond E. McMillen, Jr., Defendant in Counterclaim.

United States Bankruptcy Court, D. Massachusetts.

May 7, 2008.

Attorney(s) appearing for the Case

David G. Baker, Boston, MA, for Plaintiff.

Dax B. Grantham, Stefan E. Cencarik, Grantham & Associates, PC, Cambridge, MA, for Defendant/Plaintiff in Counterclaim.

MEMORANDUM OF DECISION

WILLIAM C. HILLMAN, Bankruptcy Judge.

While in a case under chapter 13, and facing imminent foreclosure on his home, Debtor Raymond McMillen entered into a court-approved purchase and sale agreement with Defendant Marc Kadis: Kadis would purchase the home at a bargain-basement price but permit McMillen to continue living in it for five years, the first year's rent to be deferred, and give McMillen a five-year option to buy the...

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