Bankruptcy court enforces requirement that allonge be affixed to note

In an apparent case of first impression in Massachusetts, the US Bankruptcy Court for the District of Massachusetts recently held that an allonge must be physically affixed to the original promissory note to be effective.

Filed under:
USA, Massachusetts, Insolvency & Restructuring, Litigation, Nutter McClennen & Fish LLP, Bankruptcy, Debtor, Debt, Mortgage loan, Standing (law), Capital punishment, Wells Fargo, US Code, Uniform Commercial Code (USA), United States bankruptcy court, US District Court for District of Massachusetts, Massachusetts General Court
Authors:
Beth H. Mitchell , Richard S. Rosenstein , Karen Z. Bell
Location:
USA
Firm:
Nutter McClennen & Fish LLP