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Updated over 11 years ago on . Most recent reply

Ibrahim Hughes's profile image
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Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
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Ibrahim Hughes's profile image
Ibrahim Hughes's profile image
Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
Connect
Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
1,043
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Tax, SDIRAs & Cost Segregation

Question about Motion For Relief From Stay in Bankruptcy

Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Posted

Can someone tell me if a creditor (lender) files a Motion for Relief From Stay in a bankruptcy, does that mean the debtor (property owner) is now liable again for the debt (credit being further damaged, lender still attempting contact with debtor, etc.)?

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