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
