Bankruptcy Articles & Information » pendens http://www.bankruptcy-articles.com Bankruptcy Information for You! Thu, 09 Feb 2012 17:42:02 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Lis pendens in foreclosure, Chapter 13 http://www.bankruptcy-articles.com/2009/12/lis-pendens-in-foreclosure-chapter-13/ http://www.bankruptcy-articles.com/2009/12/lis-pendens-in-foreclosure-chapter-13/#comments Sun, 27 Dec 2009 23:00:47 +0000 Bankruptcy Articles http://www.bankruptcy-articles.com/2009/12/lis-pendens-in-foreclosure-chapter-13/ I have a PC that filed Bankruptcy a chapter 13 petition to stop the foreclosure of her 5 properties, 1 of which was about to be auctioned off.  That has been canceled for now.  Well, she quit claimed (if you can add someone to a title by doing this) her property to add another person on the deed.  Two of her foreclosure actions stated that they will begin by filing a lis pendis on the new person on the deed.  The other banks have done nothing. Foreclosure firms get paid–no matter.  Have no reason to minimize
litigation.  Might file all sorts of thing v New Owner. They need do nothing because New Owner took with notice.  Lis Pendens is redundant.  If foreclosure is granted, what claim can New Owner raise?  Any right New Owner may have is subordinate to loan.  If New Owner wants to appear in foreclosure action–an action in equity– what equitable property right will be asserted.

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