Quimbee logo
DMCA.com Protection Status

In re Edry

201 B.R. 604 (1996)

Case BriefQ&ARelatedOptions
From our private database of 22,300+ case briefs...

In re Edry

United States Bankruptcy Court for the District of Massachusetts

201 B.R. 604 (1996)

Facts

Edry (plaintiff) owned a home subject to a mortgage held by Rhode Island Hospital Trust National Bank (the Bank) (defendant). The Bank foreclosed on the home. The Bank provided notice of the foreclosure using only the minimum publication required by statute, which was a small notice in the legal section of the newspaper. Common practice was to buy large and more informative advertisements in the real estate section of the newspaper in addition to the statutorily required notice. The Bank specifically asked the auctioneer to do the minimum required. The Bank made one bid at the auction for the exact amount of its debt, approximately $85,500. The house ultimately sold for $86,500. The Bank never sought to ascertain the fair market value of the property. Edry filed for chapter 13 bankruptcy. The bankruptcy court enjoined the foreclosure sale, pending trial. At trial, the fair market value of the house was $190,000.

Rule of Law

Issue

Holding and Reasoning (Queenan, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 518,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 518,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 22,300 briefs, keyed to 984 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions and answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Access this case brief for FREE

With a 7-day free trial membership
Here's why 518,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 22,300 briefs - keyed to 984 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership