- 11 U.S.C.
In re Abdulla
Feb
06
2009
Ruling
Relief from stay to foreclose on debtor's two apartment buildings denied where creditor was adequately protected.
Procedural posture
Creditor, which held a mortgage on the debtors' two contiguous apartment buildings (property), sought relief from the automatic stay to foreclose its mortgage. The debtors sought authority to use the creditor's cash collateral which consisted of the rents generated by the nine currently- occupied units.
ABI Membership is required to access the full summary of In re Abdulla Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: