In re: Ditech Holding Corporation, et al.

CourtUnited States Bankruptcy Court, S.D. New York
DecidedNovember 6, 2025
Docket19-10412
StatusUnknown

This text of In re: Ditech Holding Corporation, et al. (In re: Ditech Holding Corporation, et al.) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Ditech Holding Corporation, et al., (N.Y. 2025).

Opinion

UNITED STATES BANKRUPTCY COURT NOT FOR PUBLICATION SOUTHERN DISTRICT OF NEW YORK -------------------------------------------------------------- x In re: : Case No. 19-10412 (JLG) : Chapter 11 Ditech Holding Corporation, et al., : : Jointly Administered Debtors.1 : -------------------------------------------------------------- x MEMORANDUM DECISION AND ORDER DENYING R.CAMPBELL’S RULE 59(e) MOTION TO ALTER OR AMEND JUDGMENT A P P E A R A N C E S: R.Campbell Appearing Pro Se 1275 U.S. Highway 1 Suite # 2-231 Vero Beach, FL 32960 FIDELITY NATIONAL LAW GROUP Attorneys for Sheila Ann Gibson, Jordan A. Cole, and Courtney M. Cole 711 Third Avenue, 8th Floor New York, New York 10117 By: David J. Wolkenstein 1 On September 26, 2019, the Court confirmed the Third Amended Joint Chapter 11 Plan of Ditech Holding Corporation and Its Affiliated Debtors (ECF No. 1404) (the “Plan”), which created the Wind Down Estates. On February 22, 2022, the Court entered the Order Granting Entry of Final Decree (I) Closing Subsidiary Cases; and (II)Granting Related Relief, ECF No. 3903 (the “Closing Order”). References to “ECF No. __” are to documents filed on the electronic docket in these jointly administered cases under Case No. 19-10412. Pursuant to the Closing Order, the chapter 11 cases of the following Wind Down Estates were closed effective as of February 22, 2022: DF Insurance Agency LLC (6918); Ditech Financial LLC (5868); Green Tree Credit LLC (5864); Green Tree Credit Solutions LLC (1565); Green Tree Insurance Agency of Nevada, Inc. (7331); Green Tree Investment Holdings III LLC (1008); Green Tree Servicing Corp. (3552); Marix Servicing LLC (6101); Mortgage Asset Systems, LLC (8148); REO Management Solutions, LLC (7787); Reverse Mortgage Solutions, Inc. (2274); Walter Management Holding Company LLC (9818); and Walter Reverse Acquisition LLC (8837). Under the Closing Order, the chapter 11 case of Ditech Holding Corporation (the “Remaining Wind Down Estate”), Case No. 19-10412, remains open and, as of February 22, 2022, all motions, notices and other pleadings relating to any of the Wind Down Estates are to be filed in the case of the Remaining Wind Down Estate. The last four digits of the Remaining Wind Down Estate's federal tax identification number is (0486). The Remaining Wind Down Estate's principal offices are located at 2600 South Shore Blvd., Suite 300, League City, TX 77573. WEIL, GOTSHAL & MANGES LLP Attorneys for Plan Administrator 767 Fifth Avenue New York, New York 10153 By: Richard W. Slack Sunny Singh

HON. JAMES L. GARRITY, JR. U.S. BANKRUPTCY JUDGE INTRODUCTION2 Robert Campbell (“Campbell”), acting pro se, filed a motion for an order declaring that entry of the Florida Stay Relief Order in the Chapter 13 Case violated the automatic stay in these Chapter 11 Cases, and that the order and subsequent transfers of the Property to Najarian and then to the Georgia Plaintiffs are void and unenforceable (the “Campbell Motion”).3 The Court denied the motion (the “Campbell Order”).4 The matter before the Court is Campbell’s motion to alter or amend the Campbell Order pursuant to Rule 59(e) of the Federal Rules of Civil Procedure (“Rule 59(e)”) (the “Rule 59(e) Motion”)5. The Georgia Plaintiffs and the Plan Administrator each responded to the motion.6 Campbell filed a reply to those responses (the “Reply”).7 The Court conducted a hearing on the motion. Campbell appeared at the hearing. The Georgia Plaintiffs and Plan Administrator appeared at the

2 Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to such terms in the Campbell Order. 3 Motion of Secured Creditor R. Campbell to determine the scope of the Automatic Stay filed by Robert Campbell, ECF No. 5466. 4 Memorandum Decision and Order Denying Motion of Secured Creditor R. Campbell to Determine the Scope of the Automatic Stay and Issue a Ministerial Order Confirming Actions Taken Post Petition by Administering Estate Property Void, ECF No. 5476. 5 Campbell’s Rule 59(e) Motion to Alter or Amend Judgment, ECF No. 5482. 6 See Objection and Response in Opposition of Sheila Ann Gibson, Jordan A. Cole, and Courtney M. Cole to R. Campbell’s Motion to Alter or Amend Judgment, ECF No. 5487 (the “Ga. Plaintiffs’ Obj.”); Limited Response of the Plan Administrator to Rule 59(e) Motion of R. Campbell, ECF No. 5488 (the “Plan Admr. Resp.”). 7 Campbell’s Rule 59(e) Reply Brief, ECF No. 5497. hearing through their respective counsel. For the reasons stated herein, the Court denies the Rule 59(e) Motion. JURISDICTION The Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 1334 and 157(a) and

(b)(1) and the Amended Standing Order of Referral of Cases to Bankruptcy Judges of the United States District Court for the Southern District of New York, dated January 31, 2012 (Preska, C.J.). This is a core proceeding pursuant to 28 U.S.C. § 157(b)(2)(A). In addition, pursuant to the Confirmation Order and the Plan, this Court has retained jurisdiction over the Chapter 11 Cases and all matters arising out of, or related to, the Chapter 11 Cases and the Plan, including, among other things, to enter and implement such orders as may be necessary or appropriate to execute, implement, or consummate the provisions of the Plan, the Confirmation Order, and any agreements and documents in connection with or contemplated by the Plan and the Confirmation Order. See Confirmation Order at 40-41; Plan art. XI.

BACKGROUND8 The Property On January 24, 2014, Green Tree Servicing LLC (“Green Tree”) (the predecessor to Ditech Financial, LLC), recorded a Writ of Fieri Facias (the “Judgment Lien”)9 against real property located at 7097 Riverside Drive NW, Sandy Springs, Georgia 30328 (the “Property”). Campbell Order at 7. The writ names Green Tree as plaintiff in fieri facias, and Michael James Bourff (“Bourff”) as the defendant in fieri facias. Id. It amends and supersedes a Writ of Fieri Facias,

8 The facts underlying this dispute are set forth in detail in the Campbell Order. The Court assumes familiarity with the order. Except as necessary to the resolution of the Rule 59(e) Motion, the facts will not be repeated herein. 9 “A writ of fieri facias is a document issued by a court for the purpose of recording a lien on a judgment debtor’s property.” Adams v. Carrington Mortg. Servs., LLC, No. 1:23-CV-04886, 2024 WL 3390564, at *1 (N.D. Ga. June 24, 2024) (citation omitted). dated October 28, 2013, that erroneously names Bourff as plaintiff and Green Tree as defendant in fieri facias (the “Defective Judgment Lien”). Id. In April 2018, Bank of America, N.A. (“BoA”), as senior lienholder against the Property,

conducted a non-judicial foreclosure sale of the Property to Najarian Capital LLC (“Najarian”) (the “2018 Foreclosure Sale”). Id. At that time, Tahitha Baker Cote (“Cote”) and Bourff held the Property as joint tenants with the right of survivorship, and Cote was a debtor in a case under chapter 13 of the Bankruptcy Code in the Florida Bankruptcy Court (the “Chapter 13 Case”). Id. In conducting the foreclosure sale, BoA did not seek or obtain relief from the automatic stay in the Chapter 13 Case. Id. On February 11, 2019 (the “Petition Date”), approximately ten months after the 2018 Foreclosure Sale, the Debtors commenced these Chapter 11 Cases. Id. at 2. Under Georgia law, the 2018 Foreclosure Sale extinguished the Judgment Lien, and any other interest in the Property

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