Lea v. Farmers National Bank

(W.D. Ky. Aug. 6, 2014)

The district court dismisses the debtor’s appeal of the bankruptcy court’s determination that the automatic stay did not prevent the bank from proceeding with a foreclosure sale of property owned by the debtor’s corporation, which had not filed bankruptcy. The debtor had filed an amended schedule listing his corporation as an “alias” in an attempt to prevent the sale, but the bankruptcy court struck the amendment and then dismissed the bankruptcy due to the debtor’s failure to timely submit a proposed Chapter 13 plan. The district court agreed with the bankruptcy court’s decision regarding the inapplicability of the automatic stay and dismissed the appeal because the bankruptcy proceeding had been dismissed. Opinion below.

2014-08-06 – lea v farmers national bank

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