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§ 362(d)(1)

In re Rusell

Ruling
Debtor awarded attorneys' fees for creditor's wrongful garnishment in violation of stay.
Procedural posture

A Chapter 7 debtor filed a motion of contempt of court and for violation of the automatic stay against a creditor that continued the garnishment of the debtor's wages after the debtor's petition was filed. The debtor sought the amount of funds wrongfully garnished plus statutory interest, attorney's fees, and punitive damages pursuant to 11 U.S.C.S. § 362(k).

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Consumer opinion summary, case decided on November 18, 2010 , LexisNexis #0111-109

In re Clark

Ruling
Relief from stay granted to allow bank to foreclose in absence of adequate protection.
Procedural posture

Debtor filed a petition under chapter 7 and a trustee was appointed to administer the debtor's bankruptcy estate. Movant bank filed a motion seeking relief under 11 U.S.C.S. § 362(d)(1) from the stay that was imposed when the debtor declared bankruptcy, and the trustee filed an objection to the motion and asked the bankruptcy court to determine the value of a house the debtor owned.

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Consumer opinion summary, case decided on November 10, 2010 , LexisNexis #1210-004

In re Calloway

Ruling
Vehicle leased by debtor who failed to assume true lease was owned by lessor and was not property of the estate.
Procedural posture

In a Chapter 13 case, a bank filed a motion for relief from stay for cause or for adequate protection under 11 U.S.C.S. § 362(d)(1). The bank's claim concerned the debtors' vehicle.

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Consumer opinion summary, case decided on October 28, 2010 , LexisNexis #0211-040

In re Wensons Prop. Mgmt.

Ruling
Relief from stay to enforce interest in commercial property granted where qualified expert established that creditor was not adequately protected.
Procedural posture

A creditor filed a motion for relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d)(1). As cause, the creditor asserted that its security interest in a chapter 11 debtor's commercial property was not adequately protected.

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Commercial opinion summary, case decided on August 13, 2010 , LexisNexis #1010-010

In re WGMJR Inc.

Ruling
Stay lifted where single real estate asset debtor filed case in bad faith and could not provided adequate protection.
Procedural posture

A creditor of chapter 11 debtor filed a motion for relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d)(1).

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Commercial opinion summary, case decided on August 09, 2010 , LexisNexis #0910-111

In re Sweet N Sour 7th Ave. Corp.

Ruling
Stay lifted to allow debtor to vacate eviction order and possibly assume lease.
Procedural posture

Movant, the landlord and a creditor of the debtor, moved the court for an order modifying the automatic stay to permit the it to enforce a prepetition warrant of eviction it had obtained against the debtor, terminating the lease. The landlord also sought to apply the debtor's security deposit to past-due rent, arguing that it was entitled to exercise the right of recoupment as to the deposit.

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Commercial opinion summary, case decided on June 18, 2010 , LexisNexis #0810-110

In re Morris

Ruling
Stay lifted to allow creditor to liquidate, but not enforce, its claim.
Procedural posture

Before the court was a creditor's motion for an order (1) lifting the automatic stay pursuant to 11 U.S.C.S. § 362(d)(1) to allow it to proceed with certain state court litigation, (2) waiving the 14-day stay imposed by Fed. R. Bankr. P. 4001(a)(3) upon entry of an order granting a motion for relief from stay, and (3) extending its time to object to discharge pursuant to Fed. R. Bankr. P. 4004(b). Debtors filed an Opposition.

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Consumer opinion summary, case decided on May 27, 2010 , LexisNexis #0910-039

In re Johnson

Ruling
Relief from stay granted to enforce security interest in truck owned by debtor's brother's corporation that was in possession of debtor.
Procedural posture

Creditor moved for relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d)(1) on the basis that certain personal property in the possession of the debtor did not constitute "property of the estate," as defined under 11 U.S.C.S. § 541. The debtor filed a timely objection to the motion, asserting that the creditor was adequately protected.

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Consumer opinion summary, case decided on May 06, 2010 , LexisNexis #0710-080

In re Kelly

Ruling
Creditor granted relief from stay to file and foreclose on lien against real property but not to collect personally from debtor.
Procedural posture

Movant creditor, a homeowner's association, filed a motion for relief from the automatic stay in debtor's chapter 13 case. The creditor sought relief from stay in order to record a lien against debtor's real property and foreclose on that lien, as well as to file a lawsuit against debtor to collect unpaid homeowner's assessments. The motion for relief came on for hearing on February 22, 2010.

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Consumer opinion summary, case decided on April 28, 2010 , LexisNexis #0710-110

In re Center 130 LLC

Ruling
Relief from stay denied to high bidder at prepetition foreclosure sale as property was necessary for effective reorganization.
Procedural posture

Debtor filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code and continued to operate as debtor-in-possession. Movant creditor moved for relief from the automatic stay under 11 U.S.C.S. § 362.

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Commercial opinion summary, case decided on March 11, 2010 , LexisNexis #0610-042