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 42 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
Gracias!

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

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
Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ... Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ...
Do not interact with a service dog unless you have permission from its owner. Do not interact with a service dog unless you have permission from its owner.
A Successful Physical Fitness Program Uses FITT Principles A Successful Physical Fitness Program Uses FITT Principles
A Radio Telescope in Green Bank, West Virginia A Radio Telescope in Green Bank, West Virginia
Prime Numbers & Public Key Cryptography Prime Numbers & Public Key Cryptography
Video: Rods and Cones Animation

For a complete list of videos, visit our video library