In re Medaglia

402 B.R. 530 (2009)

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In re Medaglia

United States Bankruptcy Court for the District of Rhode Island
402 B.R. 530 (2009)

  • Written by Jody Stuart, JD

Facts

Robert Buonano purchased the residence of Peter Medaglia (debtor) at a foreclosure auction on September 9, 2008. A memorandum of sale was executed that day, and Buonano paid the required deposit. On September 11, before Buonano recorded his deed to the property, Medaglia filed for Chapter 13 bankruptcy. Subsequently, Buonano filed a motion for relief from the automatic stay in order to record a deed and to take possession.

Rule of Law

Issue

Holding and Reasoning (Votolato, J.)

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