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In re Steve Cavanaugh Ltd. Pship

In re Steve Cavanaugh Ltd. Pship

Ruling
Stay modified to allow undersecured creditor to proceed against debtor's real property.
Procedural posture

The debtor objected to the creditors'motion to modify the automatic stay, pursuant to 11 U.S.C.S. § 362(a), to permit the creditors to pursue their non-bankruptcy remedies against a lot.

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Commercial opinion summary, case decided on April 29, 2009 , LexisNexis #0709-006