- 11 U.S.C.
In re Whispering Pines Estate Inc.
Dec
28
2006
Ruling
Relief from stay granted to mortgagee creditor due to probable lack of equity and debtor's inability to refinance.
Procedural posture
Creditor, which held a first mortgage and second mortgage on the debtor's property, filed two motions. The first was a motion for relief from the automatic stay, and the second was a motion requesting the court to instruct the United States Trustee to appoint a chapter 11 trustee.
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Court
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