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Home / Opinion Digests / No Change in Law for Lien Avoidance (access required)

No Change in Law for Lien Avoidance (access required)

A Roanoke U.S. Bankruptcy Court denies a Chapter 7 debtor’s motion for entry of default judgment avoiding a second deed of trust lien in favor of defendant bank on debtor’s residence, which exceeds the value of the property. Debtors’ counsel does not dispute that the relief his clients seek is not consistent with Ryan v. Homecomings ...