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Bankruptcy

: The Debt Podcast

Real Estate Relief of Stay: New Requirements?INei

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In both Chapter 13 and Chapter 7, real estate lenders can not continue foreclosure proceedings against real estate without first getting permission from the Bankruptcy Court.  This permission is most commonly pursued by filing a motion for “relief of stay.”  In other words, the lender requests the court to grant permission to continue their foreclosure [...]

Full post as published by The Debt Podcast on December 13, 2008 (boomark / email).

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