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Revision as of 14:15, 12 June 2025

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On demand of a lender with a claim protected by the single asset real estate and after notice and a hearing, the court will certainly give remedy for the automated remain to the financial institution unless the debtor submits a viable strategy of reorganization or begins making rate of interest repayments to the lender within 90 days from the day of the filing of the case, or within thirty days of the court's resolution that the case is a single asset property situation.

Create for dismissal or conversion also includes an unexcused failure to prompt compliance with coverage and declaring requirements; failure to attend the meeting of lenders or participate in an assessment without great reason; failure to prompt offer info to the united state trustee; and failing to timely pay post-petition taxes or prompt data post-petition returns Fed.