This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the public auction is not successful, the secured creditor (bank) becomes the owner of the ... (Read 38 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Aug 3, 2018
If the public auction is not successful, the secured creditor (bank) becomes the owner of the property. Bank-owned properties are referred to as ________.
 
  Fill in the blank(s) with correct word

Question 2

Creditors do have the right, upon filing a(n) ________ with the bankruptcy court and serving the debtor and the trustee with proper notice of the motion, to request relief from the Automatic Stay.
 
  Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Aug 3, 2018
Answer to Question 1

REO properties

Answer to Question 2

motion for relief from Automatic Stay


jc611

  • Member
  • Posts: 552
Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Comparison of Principles of Abstinence-Only and Comprehensive Sex Education in the Public School Sys Comparison of Principles of Abstinence-Only and Comprehensive Sex Education in the Public School Sys
How to solve a linear algebraic bank interest problem with two unknowns How to solve a linear algebraic bank interest problem with two unknowns
A Radio Telescope in Green Bank, West Virginia A Radio Telescope in Green Bank, West Virginia
Public Speaking: Strategies for Success, 9th Public Speaking: Strategies for Success, 9th
Prime Numbers & Public Key Cryptography Prime Numbers & Public Key Cryptography
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library