In re DaRosa
Nov
17
2010
Ruling
Relief from stay granted upon reconsideration based on local real estate agent's valuation showing no equity in encumbered property.
Procedural posture
A bank sought relief from stay under 11 U.S.C.S. § 362(d), the court denied the motion for failure to provide an acceptable basis for valuation of the chapter 7 debtor's real property. The bank filed a motion for reconsideration.
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Court
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