Reply To: Note 第4期 学员问题汇总

Jian Wu

1. Can I say –
When equity <= all the mortgage unpaid balance (including principle, interest and late fees),
the bankruptcy court may lift the automatic stay if the mortgage lender ask for?

2. Will the bankruptcy court lift the automatic stay in both chapter 13 and chapter 7 when the equity <= the mortgage unpaid balance?

3. In Chapter 7, is it possible that bankruptcy court sells the property?

4. What are the all possible outcomes to the property after Chapter 7 ends?

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