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Revision as of 13:21, 4 September 2024

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On request of a creditor with a case secured by the solitary possession realty and after notification and a hearing, the court will grant remedy for the automated stay to the lender unless the debtor files a viable plan of reorganization or starts making interest repayments to the lender within 90 days from the day of the declaring of the case, or within thirty days of the court's determination that the instance is a solitary asset real estate instance.

A case supplementary to a pending bankruptcy case in a foreign nation is started by a foreign agent" under chapter 15. The international rep has the right of straight accessibility to USA courts for the objective of submitting a petition for acknowledgment of an international proceeding" 11 U.S.C. § § 1504 and 1509.