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Postpetition Default on a Mortgage Is a Prepetition Debt for Setoff Purposes

The obligation on a mortgage is incurred when the mortgage is granted, even though the payment default may occur after filing, Judge Thuma says.

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Opinion Link

Case Details

Case Citation

In re Roberts, 18-11927 (Bankr. D.N.M. May 20, 2020)

Case Name

In re Roberts

Case Type

Business