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The Seventh Circuit applies Wisconsin state law and holds that a mortgage can attach a lien to a vendor's interest in a real estate contract and that the lender perfected the lien by recording in the county land records rather than filing a UCC-1 financing statement.
The Seventh Circuit applies Wisconsin state law and holds that a
mortgage can attach a lien to a vendor's interest in a real
estate contract and that the lender perfected the lien by recording
in the county land records rather than filing a UCC-1 financing
statement. The trustee is unable to avoid the lien. Opinion
below.
Judge: Hamilton
Attorneys for Trustee: Michael F. Dubis, Christopher R.
Schultz
Attorneys for Appellees: Ruffi Law Offices, Sara Lynn Ruffi,
Lund Law Office, Brad M. Lund
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