Critical Case Comment - In re Stassi, 2009 WL 3785570 (Bankr. C.D. Ill. Nov. 12, 2009) (Gorman) • NACTT Academy

Critical Case Comment – In re Stassi, 2009 WL 3785570 (Bankr. C.D. Ill. Nov. 12, 2009) (Gorman)

In re Stassi, 2009 WL 3785570 (Bankr. C.D. Ill. Nov. 12, 2009) (Gorman)

A confirmation order which purports to strip off a wholly unsecured junior lien is not binding where the debtor failed to serve the plan pursuant to Rule 7004.

Summary of the Case

The debtors owned a home with a value of $270,000.00. United Community Bank had both a first and a second mortgage on the residence with an aggregate liability of . . .

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