Rochelle's Daily Wire

Two North Carolina Courts have held within two months that the Bankruptcy Clause doesn’t demand ‘financial distress’ to establish subject matter jurisdiction.

North Carolina Judge disagrees with the Fifth Circuit on extending the statute of limitations to 10 years under Section 544(b)(1).

Lender soon recognized that home foreclosure violated the stay but continued denying liability through seven years of litigation.

Judge follows statutory language that didn’t achieve the result Congress intended.