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IN RE BERG

Bankruptcy No. 05 B 58649. Adversary No. 06 A 01026.

387 B.R. 524 (2008)

In the matter of Stanley BERG, Debtor. Ronald R. Peterson, Plaintiff, v. Stanley Berg, et al., Defendant.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

April 10, 2008.

Attorney(s) appearing for the Case

Ronald R. Peterson, Esq., Elizabeth A. Kalisz, Esq., Jenner & Block, Chicago, IL, for Plaintiff.

Marc O. Beem, Esq., Roger J. Perlstadt, Esq., Miller Shakman & Beem, LLP, Chicago, IL, for EHome Credit Corp. and Wilshire Credit Corp.

James J. Ayres, Esq., Novoaelsky Law Offices, Chicago, IL, for Rothmann/Tucker Trust.

Jeffrey Strange, Esq., Jeffrey Strange & Associates, Wilmette, IL, for Defendant Stanley Berg.

John S. Delnero, Esq., Adam R. Schaeffer, Esq., Bell, Boyd & Lloyd LLC, Chicago, IL, for Michael Frisbie.

Gloria Natoli, Esq., Law Offices of Gloria Natoli, Mt. Prospect, IL, for Bhagvan Patel.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

JACK B. SCHMETTERER, Bankruptcy Judge.

On October 15, 2005, Stanley Berg ("Debtor") filed for relief under chapter 7 of Title 11 of the United States Code § 101 et seq. ("Bankruptcy Code").1 At the time of filing, Debtor and his wife held a recorded fee simple interest in property located at 2205 Kipling Lane, Highland Park, Illinois ("Property"). It is asserted that Debtor...

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