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Tag Archives: lien

Lender’s ‘untimely’ claim isn’t avoidable in bankruptcy

A home lender’s lien could not be avoided in the borrowers’ bankruptcy case – even though the lender failed to file a timely proof of claim, the 8th Circuit Bankruptcy Appellate Panel has ruled in affirming judgment.

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Lender loses priority status in bankruptcy

A lender lost its priority status in a bankruptcy case because it failed to properly list the debtor’s name in its financing statement filed with the state, the 8th Circuit Bankruptcy Appellate Panel has ruled in affirming judgment.

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