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In re Henry

In re Henry

Ruling
Relief from stay granted where creditor's estimate of property value showing lack of equity was persuasive.
Procedural posture

In a motion to modify the stay, creditor bank sought relief from the stay pursuant to 11 U.S.C.S. §§ 362(d)(1) and (d)(2), alleging that debtors lacked equity in the creditor's collateral, consisting of debtors' home.

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Consumer opinion summary, case decided on August 01, 2012 , LexisNexis #0812-073