Rochelle's Daily Wire

ABI Exclusive

Another Court Won’t Permit a Structured Sale to Eradicate a Homestead Exemption

Subordinated lenders can’t take a ‘haircut,’ give a ‘tip’ to the trustee, sell a home and eradicate the debtor’s homestead exemption.

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Opinion Link

Case Details

Case Citation

Summerlin v. Turnage, 22-00122 (W.D.N.C. March 14, 2023)

Case Name

Summerlin v. Turnage

Case Type

Consumer