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Revision as of 09:25, 2 December 2024

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On demand of a creditor with a claim secured by the single asset real estate and after notification and a hearing, the court will provide remedy for the automated keep to the lender unless the borrower submits a practical plan of reconstruction or starts making rate of interest settlements to the financial institution within 90 days from the date of the filing of the situation, or within 30 days of the court's determination that the case is a single possession property case.

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