Monk Packs a Punch! There was an interesting case out of Oregon Bankruptcy Court. The case is Monk v. LSI Title Company of Oregon (In re Monk), 2011 WL 212381 (Bankr. D. Ore. Jan. 21, 2011). In this case a Debtor filed Chapter 13 bankruptcy. The alleged mortgage creditor "PCFS Mortgage Company" filed a proof of claim. The Chapter 13 Trustee was not satisfied that PCFS had a secured lien or perfected interest and therefore challenged the Proof of Claim. PCFS failed to respond with … [Read more...]
