In re: Michael Moilanen

CourtUnited States Bankruptcy Court, D. Colorado
DecidedMarch 31, 2026
Docket24-15123
StatusUnknown

This text of In re: Michael Moilanen (In re: Michael Moilanen) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Michael Moilanen, (Colo. 2026).

Opinion

UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF COLORADO Bankruptcy Judge Thomas B. McNamara

In re: Bankruptcy Case No. 24-15123-TBM MICHAEL MOILANEN, Chapter 7

Debtor.

ORDER REGARDING MOTION TO AVOID LIENS

THIS MATTER comes before the Court on an “Amended Motion to Avoid Judgment Liens of Edmundson, Inc., Denver Rock Company Distribution Center, Just Be You, Inc., Diesel Funding LLC, DBC Irrigation Supply Impairing Exempt Property Pursuant to 11 U.S.C. § 522(f)” (Docket No. 145, the “Motion”) filed by the Debtor, Michael Moilanen.

Background Facts

The Debtor filed for relief under Chapter 7 on August 30, 2024 (Docket No. 1). The case was converted to a case under Chapter 11 by Order dated October 21, 2024 (Docket No. 17) and then converted back to a case under Chapter 7 by Order dated July 31, 2025 (Docket No. 102). On March 2, 2026, the Debtor filed the Motion, seeking to avoid liens on his primary residence located at 2131 Beechnut Place, Castle Rock, CO 80108 (the “Property”).

The Debtor claims the full $250,000.00 homestead exemption (the “Homestead Exemption”) on the Property pursuant to COLO. REV. STAT. § 38-41-201(1)(a) in his amended Schedule C (Docket No. 77). The Debtor’s schedules provide that the fair market value of the Property as of the petition date is $2,112,800.00.

The Property is currently encumbered by a tax lien in favor of the Douglas County Treasurer in the sum of $5,166.52 (the “Douglas County Lien”) (See Claim No. 1-1).1 In addition, the Debtor represents that a first mortgage originally in favor of 0F Mortgage Electronic Registration Systems, Inc., as Nominee for SG Capital Partners LLC dba Clearedge Lending in the amount of $1,642,493.73, was recorded in the Douglas County, Colorado, at filing no. 20201106606, and that a subsequent

1 COLO. REV. STAT. § 39-1-107(2) provides that “[t]axes levied on real and personal property . . . shall be a perpetual lien thereon, and such lien shall have priority over all other liens until such taxes . . . have been paid in full.” assignment of the mortgage to US Bank National Association c/o Select Portfolio Servicing, Inc., was recorded at filing no. 2024009045 (the “Mortgage”). According to the Debtor, several other liens (which the Debtor seeks to avoid in this Motion) currently encumber the Property, specifically the judgment liens of: e Edmundson, Inc., recorded October 18, 2023, in Douglas County, Colorado, under filing no. 2023044733, in the amount of $660,838.88 (the “Edmundson Lien”); e Denver Rock Company Distribution Center, recorded November 7, 2023, in Douglas County, Colorado, under filing no. 2023047516, in the amount of $763,527.55 (the “Denver Rock Lien’); e Just Be You Inc., recorded February 26, 2024, in Douglas County, Colorado, under filing no. 2024007204, in the amount of $132,826.16 (the “Just Be You Lien”); e Diesel Funding LLC, recorded April 1, 2024, in Douglas County, Colorado, under filing no. 2024012688, in the amount of $174,889.80 (the “Diesel Lien”); e DBC Irrigation Supply/Solsbury Hill LLC, recorded July 23, 2024, in Douglas County, Colorado, on July 23, 2024, under filing number 2024030358, in the amount of $471,747.78 (the “First DBC Lien”); e DBC Irrigation Supply/Solsbury Hill LLC, recorded July 23, 2024, in Douglas County, Colorado, on July 23, 2024, under filing number 2024030359, in the amount of $172,393.55 (the “Second DBC Lien’). In the Motion, the Debtor asserts that the Edmundson Lien, Denver Rock Lien, Just Be You Lien, Diesel Lien, and First and Second DBC Liens impair the Debtor’s Homestead Exemption of $250,000.00, and that the liens should be avoided in their entirety pursuant to 11 U.S.C. § 522(f) and Fed. R. Bankr. P. 4003(d). Notice of the Motion was provided to each affected creditor. No objections to the Motion were filed, and the Debtor filed a certificate of non-contested matter (Docket No. 152). After reviewing the Motion, the Court has determined that the Denver Rock Lien, the Just Be You Lien, Diesel Lien and the First and Second DBC Liens impair the homestead exemption and may be avoided pursuant to 11 U.S.C. § 522(f). The Court also finds that the Edmundson Lien only partially impairs the Debtor’s homestead exemption. Applicable Law Under 11 U.S.C. § 522(f), a debtor may avoid the fixing of certain liens on an interest of the debtor in property to the extent that such lien impairs an exemption to

which the debtor would have been entitled.2 The most common example of such a 1F situation involves a judicial lien affixed to a debtor’s principal residence. 11 U.S.C. § 522(f)(1)(A). In Colorado, most debtors are entitled to a homestead exemption of $250,000.00 on their primary residence. COLO. REV. STAT. § 38-41-201(1)(a).3 2F

To determine whether an exemption is impaired by a lien, 11 U.S.C. § 522(f)(2)(A) sets forth a simple math calculation: Add the (1) lien sought to be avoided, (2) all other unavoided liens on the property, and (3) the amount of the exemption the debtor could claim if there were no liens on the property. If the sum exceeds the value of the debtor’s interest in the property (in the absence of any liens), the exemption is impaired. Id. If a debtor seeks to avoid more than one lien, a lien that has been avoided shall not be considered in making the calculation with respect to other liens. 11 U.S.C. § 522(f)(2)(B).

However, the analysis does not end there. The plain language of 11 U.S.C. § 522(f)(1) provides that a lien may only be avoided only to the extent that it impairs an exemption. “The excess of a judgment lien over the exemption amount logically and by definition cannot impair the exemption itself.” In re Pearson, 428 B.R. 533, 542 (Bankr. D. Colo. 2010). As a result, an exemption may be wholly or partially impaired, and a judicial lien may be wholly or partially avoided. Courts in the Tenth Circuit look to In re Brantz, 106 B.R. 62, 68 (Bankr. E.D. Penn. 1989) to determine the precise nature of an exemption’s impairment. See, e.g., Pearson, 428 B.R. at 536 (citing the United States Supreme Court’s approval of the Brantz calculation in Owen v. Owen, 500 U.S. 305, 313 n.5 (1991)). The Brantz case undertook the following analysis:

1. Determine the value of the property to which the judicial lien(s) is attached; 2. Deduct the amount of all liens not to be avoided; 3. Deduct the debtor’s applicable exemption; 4. If the result is a negative number, then judicial liens are avoided in their entirety; 5. If the result is a positive number, then judicial liens are avoided, in order of priority, in that amount only.

Pearson, 428 B.R. at 536 (citing Brantz, 106 B.R. at 68).4 The Brantz opinion limited the 3F avoidance of judicial liens to the amount such liens exceed the debtor’s equity in the property after deducting the debtor’s exemption and unavoidable liens.

2 As set forth in 11 U.S.C.

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Related

Owen v. Owen
500 U.S. 305 (Supreme Court, 1991)
In Re Brantz
106 B.R. 62 (E.D. Pennsylvania, 1989)

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In re: Michael Moilanen, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-michael-moilanen-cob-2026.