Home -> Law Blog Directory -> Real Estate & Property Law Blogs -> The Home Equity Theft Reporter

Real Estate & Property Law

: The Home Equity Theft Reporter

Judge Gives Go-Ahead To F'closing Lender Despite Lack Of Conclusive Evidence Of Standing As Ch. 11 Debtors Refuse To Make Adequate Protection Payments

By r morris

A recent ruling by a U.S. Bankruptcy Court in Northern California allowed for a foreclosure action to continue, despite the lenders' failure to conclusively establish that it had standing to foreclose, where a Chapter 11 debtor/couple adamantly refused to make "adequate protection payments" as apparently required by the bankruptcy law, pending full adjudication of the standing issues. In allowing

Full post as published by The Home Equity Theft Reporter on April 27, 2010 (boomark / email).