BANKRUPTCY - FILING an OBJECTION of CONFIRMATION

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Education & Training with Pan-Am Cros-star Loan Cert'n Bankport

   If you find any of the provisions of the proposed confirmation plan unacceptable, your attorney must file an objection of confirmation with the Court PRIOR to the confirmation hearing. You, may also have grounds for filing an objection if the borrower has failed to keep current with the regular mortgage payments that were due following the bankruptcy filing.

   PROPOSING YOUR OWN REPAYMENT PLAN

   In a chapter 11 Bankruptcy filing, as I mentioned before, only the borrower may file a proposed repayment plan with the Court, WITHIN the FIRST 120 days. After that, you, (and all the other creditors), may file a proposed repayment plan for the Court to consider. When you reeive notice of a Chapter 11 Bankruptcy, CONSULT YOUR ATTORNEY PROMPTLY, so you don't miss the opportunity to propose your own repayment plan.

 

Luigi Mario FRASCINI

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Luigi M. Frascini

Thank you, LM F      α<> Ω               (714) 296-3364                     homesbyluigi@hotmail.com

 

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Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks for the information. I will try to remember this when I deal with tenants .

Jul 09, 2008 11:19 AM #1
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Rainer
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Luigi Mario Frascini Appulara

Pan Am Cros Star, Loan Certification Bankport, LSD
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