Cedar Funding Inc. v. Bach (In re Bach)

Relief from stay granted where debtor had no chance of filing feasible plan within reasonable time.
Procedural posture: 
In a chapter 11 proceeding, movant creditor, a holder of a second consensual lien on certain commercial property, moved for relief from the automatic stay under 11 U.S.C. § 362(d). Debtor had filed no plan of reorganization. Debtor and her husband, who had filed his own separate chapter 11 proceeding, submitted a proposal for purchase of the property. The proposal was inadequate to pay debtor's unsecured creditors.
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