Bankruptcy: Judicial Lien-Avoidance Action

Where a creditor challenged the granting of a debtor’s motion to avoid a judicial lien, the bankruptcy court properly found that the value of the real estate was fixed on the date that the petition was filed, and that the pre-restoration value of the property was the appropriate value to use in determining whether to avoid the judicial lien on the property, so the judgment is affirmed.

Judgment is affirmed.

Waltrip v. Sawyers (MLW No. 74324/Case No. 19-6016 – 16 pages) (U.S. Bankruptcy Appellate Panel, Dow, J.) Appealed from U.S. Bankruptcy Court, Eastern District of Missouri.