Opinion
22-10780-j7
11-15-2022
In re: Connie E. Brazelton Debtor(s).
TIFFANY & BOSCO, P.A. Joshua T. Chappell Attorney for Movant Matthew Robert Gandert Attorney for Debtor Affordable Law PC
TIFFANY & BOSCO, P.A.
Joshua T. Chappell
Attorney for Movant
Matthew Robert Gandert
Attorney for Debtor
Affordable Law PC
STIPULATED AND DEFAULT ORDER GRANTING NUSENDA FEDERAL CREDIT UNION SUCCESSOR IN INTEREST OF NEW MEXICO EDUCATORS FEDERAL CREDIT UNION RELIEF FROM STAY AND ABANDONMENT OF PROPERTY LOCATED AT 11923 CALLE ZAGAL NE, ALBUQUERQUE, NEW MEXICO 87111
Honorable Robert H Jacobvitz United States Bankruptcy Judge
This matter came before the Court on the Motion for Relief from Stay and to Abandon Property located at 11923 Calle Zagal NE, Albuquerque, New Mexico 87111 filed on October 4, 2022, Docket No. 11 (the "Motion") by Nusenda Federal Credit Union successor in interest of New Mexico Educators Federal Credit Union ("Movant"). The Court, having reviewed the record and the Motion, and being otherwise sufficiently informed, FINDS:
(a) On October 4, 2022, Movant served the Motion and a notice of the Motion (the "Notice") on counsel of record for the Debtor(s) and the case trustee (the "Trustee") by use of the Court's case management and electronic filing system for the transmission of notices, as authorized by Fed.R.Civ.P. 5(b)(3) and NM LBR 9036-1, and on the Debtor(s) by United States first class mail, in accordance with Bankruptcy Rules 7004 and 9014.
(b) The Motion relates to the following property:
Lot numbered Two (2) of Block numbered One (1) of Los Cuadros, an Addition to the City of Albuquerque, New Mexico, as the same is shown and designated on the plat of said Addition, filed in the office of the County Clerk of Bernalillo County, New Mexico on August 29, 1978, in Plat Book D8, Page 186
(the "Property").
(c) The Notice specified an objection deadline of 21 days from the date of service of the Notice, to which three days was added under Bankruptcy Rule 9006(f);
(d) The Notice was sufficient in form and content;
(e) The objection deadline expired on October 28, 2022;
(f) The Debtor, through counsel, filed a Debtor's Objection to Nusenda's Motion for Relief from Automatic Stay and Abandonment on October 26, 2022, Docket No. 13, which objection has been resolved through entry of this order. As of November 7, 2022, neither the Trustee, nor any other party in interest, filed an objection to the Motion;
(g) The Motion is well taken and should be granted as provided herein.
(h) By submitting this Order to the Court for entry, the undersigned counsel for Movant certifies, under penalty of perjury that, on November 7, 2022 Krista Jones, Bankruptcy Legal Assistant searched the data banks of the Department of Defense Manpower Data Center ("DMDC"), and found that the DMDC does not possess any information indicating that the Debtor(s) is/are currently on active military duty of the United States.
IT IS THEREFORE ORDERED:
1. Pursuant to 11 U.S.C. §362(d), Movant and any and all holders of liens against the Property, of any lien priority, are hereby are granted relief from the automatic stay, EFFECTIVE JANUARY 3, 2023:
(a) To enforce their rights in the Property, including foreclosure of liens and a foreclosure sale, under the terms of any prepetition notes, mortgages, security agreements, and/or other agreements to which Debtor(s) is/are a party, to the extent permitted by applicable non-bankruptcy law, such as by commencing or proceeding with appropriate action against the Debtor(s) or the Property, or both, in any court of competent jurisdiction; and
(b) To exercise any other right or remedy available to them under law or equity with respect to the Property.
2. The Trustee is deemed to have abandoned the Property from the estate pursuant to 11 U.S.C. §554 as of the date of entry of this Order, and the Property therefore no longer is property of the estate. As a result, Movant need not name the Trustee as a defendant in any state court action it may pursue to foreclosure liens against the Property and need not notify the Trustee of any sale of the Property.
3. The automatic stay is not modified to permit any act to collect any deficiency or other obligation as a personal liability of the Debtor(s), although the Debtor(s) can be named as a defendant in litigation to obtain an in rem judgment or to repossess the Property in accordance with applicable non-bankruptcy law.
4. This Order does not waive Movant's claim against the estate for any deficiency owed by the Debtor(s) after any foreclosure sale or other disposition of the Property. Movant may file an amended proof of claim this bankruptcy case within 30 days after a foreclosure sale of the Property, should it claim that Debtor(s) owe any amount after the sale of the Property.
5. This Order shall continue in full force and effect if this case is dismissed or converted to a case under another chapter of the Bankruptcy Code.
6. This order is effective January 3, 2023 and enforceable upon entry. The 14-day stay requirement of Fed.R.Bankr.P. 4001(a)(3) is waived.