OPINION
MORRIS STERN, Bankruptcy Judge.
The immediate matter before this court centers on the rights, if any, of a mortgagor in a "commercial" context to receive a fair value credit against mortgage debt following a sheriff's sale of two properties. At the sale the mortgagee successfully bid only a nominal $100 amount for each property. There is clear evidence that the properties had substantial value and perhaps value approaching the amount of that...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
