In re Moody (GASB 00-50114)

Secondary lien holder filed a complaint against the primary lien holder of land owned by Chapter 7 Debtor alleging that primary lien holder was only allowed to seek reasonable attorney fees in its foreclosure sale of the land under 11 U.S.C. § 506(b) instead of under Ga. Code Ann. § 13-1-11, however Court determined that it lacked jurisdiction to hear the case because Trustee had abandoned the land and Debtor no longer had any remaining interest in the land.

Date: 
Friday, April 13, 2001