DISCLAIMER: The following unofficial case summaries are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
076052P.pdf 03/07/2008 Randall L. Seaver v. Mortgage Electronic Reg. Sys.
U.S. Court of Appeals Case No: 07-6052
U.S. Bankruptcy Court for the District of Minnesota
[PUBLISHED] [Schermer, Author, with Mahoney and Venters,
Bankruptcy Judges]
Bankruptcy Appellate Panel. In case involving the post-petition
refinancing of mortgages delinquently perfected during the preference
period, debtor's post-petition refinancing did not impact the trustee's
ability to avoid the perfection of the mortgages as preferential transfers
under Section 547 of the Bankruptcy Code; trustee was entitled to a
money judgment against each lender equal to the value of the lender's
preferential mortgage under Section 550(a).