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Revision as of 23:14, 4 September 2024

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But submitting a proof of claim is not essential if the lender's claim is set up (yet is not detailed as challenged, set, or unliquidated by the debtor) since the debtor's timetables are deemed to make up evidence of the credibility and amount of those insurance claims.

On request of a lender with a claim secured by the solitary property real estate and after notification and a hearing, the court will certainly give remedy for the automatic remain to the creditor unless the borrower submits a viable strategy of reconstruction or begins making interest settlements to the lender within 90 days from the date of the declaring of the instance, or within one month of the court's determination that the instance is a single asset real estate case.

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