Lesson. A Chapter 7 bankruptcy discharge negates personal liability of debtors, such as borrowers or guarantors, for loans, but the discharge does not terminate mortgage liens on the real estate that secured the debt.
Case cite. Klunder v. Bank of N.Y. Mellon, 247 N.E.3d 789 (Ind. Ct. App. 2024)
Legal issue. Whether the trial court improperly granted Lender and Servicer summary judgment concerning their sending to the Borrowers allegedly “deceptive correspondence …
