This is a question from a colleague, and I would appreciate any insights
that you may have:
1) Does Judge Zurzolo accept a Broker Price Opinion (with declaration by
the broker) as evidence of value for the purpose of lien stripping, or does
he require an appraisal?
2) How does the lien stripping adversary affect confirmation? Does the
confirmation hearing just get continued until there is a disposition in the
adversary?
3) Does Zurzolo require the second to be current (like EC), or does he
grant motions to suspend payments on the second?
Thank you.
Holly Roark
holly@roarklawoffices.com
www.roarklawoffices.com
Central District of California
Consumer Bankruptcy Attorney
This is a question from a colleague, and I would appreciate any insights that you may have:
1) Does Judge Zurzolo accept a Broker Price Opinion (with declaration by the broker) as evidence of value for the purpose of lien stripping, or does he require an appraisal?
2) How does the lien stripping adversary affect confirmation? Does the confirmation hearing just get continued until there is a disposition in the adversary?
3) Does Zurzolo require the second to be current (like EC), or does he grant motions to suspend payments on the second?
Thank you.-- Holly
Roarkholly@roarklawoffices.comwww.roarklawoffices.comCentral District of California
Consumer Bankruptcy Attorney
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