6. February 2012 In RE Androes World Savings Bank lien avoided - TopicsExpress



          

6. February 2012 In RE Androes World Savings Bank lien avoided in Kansas Bankruptcy in February 2008 Filed under: Bank fraud,Chapter 7 bankruptcy,fradulent documents,fraud,Illegal,Kansas,mail fraud,MERS,mortgage fraud,predatory lending,quiet title,World Savings Bank,wrongful foreclosure Excerpt 1 Trustee Carl B. Davis seeks summary judgment on his complaint against debtor Mark Androes and World Savings Bank (World Bank).1 Trustees complaint seeks (1) to avoid World Banks mortgage on Androes homestead as unperfected because the acknowledgment of the debtors signature is undated and (2) to avoid as preferential World Banks lis pendens to the extent it attached to the home. World Bank filed a response to the Trustees motion and a counter motion for summary judgment.2 The Trustee filed a reply to World Banks response, which also served as his response to World Banks motion for summary judgment.3 World Bank filed a reply to the Trustees response to its motion for summary judgment.4 Debtor filed no response. Excerpt 2 The Court finds that the failure of the certificate of notarial act to recite the date of the notarial act as required by KAN. STAT. ANN. § 53-508 renders it defective. The filed mortgage therefore does not impart constructive notice to a subsequent purchaser. The Addendum does not correct this defect. The Trustee is entitled to judgment as a matter of law avoiding World Banks mortgage under § 544 and preserving it for the benefit of the estate under § 550. The Court need not reach the Trustees preference claim. The Clerk will schedule a one-hour evidentiary hearing in the bankruptcy case on the Trustees motion to show cause why World Bank should not be held in contempt for its alleged violation of the automatic stay by filing the Addendum.31 Should the Court determine that a stay violation occurred, appropriate sanctions, if any, will also be considered at that time. IT IS THEREFORE ORDERED that the Trustees motion for summary judgment is GRANTED. World Banks motion for summary judgment is DENIED. JUDGMENT shall be entered accordingly. 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Posted on: Thu, 11 Dec 2014 19:17:57 +0000

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