Opinion
22-10700-j7
10-26-2022
In re: James Morgan Schraner, aka Jimmy Morgan Schraner, Denise Schraner Debtor(s).
TIFFANY & BOSCO, P.A., Joshua T. Chappell, Attorney for Movant Arun A. Melwani, Attorney for Debtors Melwani Law P.C./Upright Law L.L.C.
TIFFANY & BOSCO, P.A., Joshua T. Chappell, Attorney for Movant
Arun A. Melwani, Attorney for Debtors Melwani Law P.C./Upright Law L.L.C.
DEFAULT ORDER GRANTING FREEDOM MORTGAGE CORPORATION RELIEF FROM STAY AND ABANDONMENT OF PROPERTY LOCATED AT 412 W. 9TH AVENUE, TRUTH OR CONSEQUENCES, NEW MEXICO 87901
Honorable Robert H Jacobvitz United States Bankruptcy Judge
This matter came before the Court on the Motion for Relief from Automatic Stay and Abandonment (Real Property) regarding property located at 412 W. 9th Avenue, Truth or Consequences, New Mexico 87901 filed on September 27, 2022, Docket No. 12 (the "Motion") by Freedom Mortgage Corporation ("Movant"). The Court, having reviewed the record and the Motion, and being otherwise sufficiently informed, FINDS:
(a) On September 27, 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:
A tract of land situate in Lots 26, 27 and 28, Block 7, Original Townsite of Hot Springs, a subdivision in Section 33, Township 13 South, Range 4 West, N.M.P.M., in the City of Truth or Consequences, Sierra County, New Mexico, and more particularly described as follows, to-wit;
Beginning at the NE corner of this tract, a 5/8" rebar w/survcap 12129, said corner being the NE corner of Lot 28, Block 7, Original Townsite of Hot Springs;
Thence, DUE SOUTH, a distance of 82.25 feet to the SE corner of this tract, a 5/8" rebar w/survcap 8473;
Thence, DUE WEST, a distance of 70.00 feet to the SW corner of this tract, a 5/8" rebar w/survcap 8473;
Thence, DUE NORTH, a distance of 82.25 feet to the N.W. corner of this tract, a chiseled "x", (in concrete);
Thence, DUE EAST, a distance of 70.00 feet to the place of beginning, containing 0.132 acres, more or less.
This legal description was prepared from a field survey by David M. Senn, NMPLS 12129, (Senn & Associates Boundary Survey Plat dated April 26, 2011)(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 21, 2022;
(f) As of October 24, 2022 neither the Debtor(s) nor 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; and
(h) By submitting this Order to the Court for entry, the undersigned counsel for Movant certifies, under penalty of perjury that, on October 24, 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:
(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 and enforceable upon entry. The 14-day stay requirement of Fed.R.Bankr.P. 4001(a)(3) is waived.