Author Question: The bankruptcy court treats a(n) ________ as if it were breached prior to filing the petition, and ... (Read 91 times)

kwoodring · **on:** Aug 2, 2018

The bankruptcy court treats a(n) ________ as if it were breached prior to filing the petition, and any remaining balance owed to the other contracting party, e.g., the lessor, will be treated as a general unsecured claim in the bankruptcy case.

Fill in the blank(s) with correct word

Question 2

Nonjudicial foreclosures, however, are highly regulated and include strict notice requirements and statutory waiting periods before the property is auctioned.

Indicate whether the statement is true or false