Homeowner Takes Goldman Sachs to Task and Gets a Favorable Loan Modification in Bankruptcy

Homeowner Takes Goldman Sachs to Task and Gets a Favorable Loan Modification in Bankruptcy

By Daniel Edstrom
DTC Systems, Inc.

This bankruptcy case is a few years old (bankruptcy filed on 6/11/2007 and loan mod dated approx. 2009).  The Homeowners fight to find the identity of MTGLQ Investors, LP – a Goldman Sachs subsidiary.  They end up forcing Goldman Sachs to abandon foreclosure and accept a loan modification.  This is a complex case and the debtors acted as their own attorney.

Read the Motion for Relief from Stay here:  http://dtc-systems.net/wp-content/uploads/2012/04/22-Motion-for-Relief-from-Stay.pdf

 – filed by Attorneys for WMC MORTGAGE CORP., its successors and/or assigns

Read the Amended Motion for Relief from Stay here: http://dtc-systems.net/wp-content/uploads/2012/04/34-Amended-Motion-for-Relief-from-Stay.pdf

 – filed by Attorneys for MTGLQ INVESTORS, L.P., its successors and/or assigns

(Yes that is right, one creditor files the motion, then another creditor amends the motion)

Read the Amended Motion for Relief from Stay exhibits here: http://dtc-systems.net/wp-content/uploads/2012/04/34-Amended-Motion-for-Relief-from-Stay_Exhibits.pdf

Read the Motion for Loan Mod Approval here:  http://dtc-systems.net/wp-content/uploads/2012/04/96-Motion-for-Loan-Mod-Approval.pdf

Read the Notice of Recorded Loan Mod Agreement here:  http://dtc-systems.net/wp-content/uploads/2012/04/102-Notice-of-Recording-of-Loan-Mod-Agreement.pdf

Author: dmedstrom

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