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construction loan cramdown
Posted: Thu Apr 24, 2014 11:10 am
by Yahoo Bot
See 1123(b)(5)
Law Office of Peter M. Lively * Personal Financial Law Center I
11268 Washington Boulevard, Suite 203, Culver City, California 90230-4647
Telephone: (310) 391-2400* Toll Free: (800) 307-3328 * Fax: (310) 391-2462
On Thursday, April 24, 2014 10:59 AM, Yelena Gurevich wrote:
Hi all. I have a client that took out a construction loan and built a residence on the property that she resides in. The loan matures in December and my client cannot afford ton make the balloon payments.
I am wondering if it is possible to cramdown a construction loan in a chapter 11 case given these facts?
Best Regards,
Yelena Gurevich, Esq.
(818) 732-9083
attylenagurevich@gmail.com
http://www.calgroup.org/
The post was migrated from Yahoo.
construction loan cramdown
Posted: Thu Apr 24, 2014 10:59 am
by Yahoo Bot
Hi all. I have a client that took out a construction loan and built a
residence on the property that she resides in. The loan matures in
December and my client cannot afford ton make the balloon payments.
I am wondering if it is possible to cramdown a construction loan in a
chapter 11 case given these facts?
Best Regards,
Yelena Gurevich, Esq.
(818) 732-9083
attylenagurevich@gmail.com
www.calgroup.org
Hi all. I have a client that took out a construction loan and built a residence on the property that she resides in. The loan matures in December and my client cannot afford ton make the balloon payments.
I am wondering if it is possible to cramdown a construction loan in a chapter 11 case given these facts?-- Best Regards,Yelena Gurevich, Esq.
(818)
732-9083attylenagurevich@gmail.com
www.calgroup.org
The post was migrated from Yahoo.