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In re Holmdahl

In re Holmdahl

Ruling
Proceeds of foreclosure sale ordered to be applied to arrearages.
Procedural posture

The chapter 13 debtors sought to cure their pre-petition defaults pursuant to 11 U.S.C.S. § 1322(c)(1). A bank objected to the debtors' proposal to apply forfeited funds from a failed foreclosure sale to their mortgage arrearages.

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Consumer opinion summary, case decided on November 03, 2010 , LexisNexis #1210-098