The stay order for the mortgagee lasts the duration of the BK plan unless relief is filed for and awarded by the BK court.

You have to get reliefe from stay.

At anytime during the plan a creditor can file a "motion for relief" of the stay if they are not receiving the payments in full and on time as outlined in the plan. 

I fumbled around the medicine cabinet for anything that would clear my sinuses; to my relief I found one Claritin-D pill.

They might have been pushing it to simply establish their 569K lien was valid.Further down it indicates the CDC is entitled to recover costs and that their claims were true, and they are entitled to relief and it establishes how much....but I don't really see that that "relief" should now be in front of the first.In Redemption section, it says if the HO don't pay the CDC, the property may be sold at the PLAINTIFF's discretion to satisfy the amount due the Plaintiff.

With that completed, I can record the deed back to the LLC with no concern over having my note called due to a due on sale clause.Huge relief for me and many, many of my clients who've used LLCs for liability protection for years, and just had to hope the due on sale cause never came back to bite us.Julee

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Question, when the courts open up back and if a flood of foreclosures go through, wouldn't there be pressure on the federal government to have a refinance program akin to the TARP Program (Troubled Asset Relief Program)?

Honestly, letting them go will be a relief and I do agree that I shouldn't have been lenient on any of the terms of the lease because she certainly isn't giving me any grace. 

While I have only been in the industry for 5 years now, people who are 30+ year industry veterans are saying this is the worse they have seen it.I think there are trends that people are not seeing to take advantage of, and it could be the darkest before the dawn moment, but it seems like there is no relief in sight for construction costs.