Page 1 of 1

converting from 7 to 13 with MFRS pending

Posted: Wed Nov 03, 2010 8:45 am
by Yahoo Bot

You can also call opposing counsel and let them know what you're doing and
see if they will stipulate to it.
I had a 7 to 13 convert where debtor changed their position on the mortgage
with an MFRS pending and opposing counsel simply wanted adequate protection
if debtor failed to pay.
On Tue, Nov 2, 2010 at 4:33 PM, Alik Segal wrote:
>
>
> PC was not paying his mortgage and filed c7. Bank filed MFRS. PC
> wants to convert to 13. Will conversion to 13 with provision for the
> mortgage in the plan by itself render the MFRS moot? Or will I need
> to take additional steps to oppose the MFRS?
>
> --
> Alik Segal
> Alik.Segal@gmail.com
> 310-362-6157
> Cal. CD, Los Angeles
>
>
Christine A. Wilton
Principal Attorney
Greifendorff Law Offices, PC
12644-12646 Hoover Street
Garden Grove, CA 92841
Office: 800-861-0786
Cell: 562-824-7563
Fax: 800-861-0786
Email: christine@greifenlaw.com
Web: www.greifenlaw.com
Blog: www.losangelesbankruptcylawmonitor.com
***************************
Confidentiality and Privilege. This e-mail message, including attachments,
is intended solely for review by the intended recipient(s) and may contain
confidential and privileged information. Any unauthorized review, use,
disclosure, or distribution is prohibited. Review by anyone other than the
intended recipient(s) shall not constitute a waiver of any ATTORNEY-CLIENT
PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
communication. If you are not the intended recipient, please contact the
sender by return e-mail and destroy all copies of the original message.
Tax Advice Disclosure. Any tax information or written tax advice contained
in this email message, including attachments, is not intended to and cannot
be used by any taxpayer for the purpose of avoiding tax penalties that may
be imposed on the taxpayer. (The foregoing legend has been affixed pursuant
to U.S. Treasury Regulations governing tax practice.)
You can also call opposing counsel and let them know what you're doing and see if they will stipulate to it.
I had a 7 to 13 convert where debtor changed their position on the mortgage with an MFRS pending and opposing counsel simply wanted adequate protection if debtor failed to pay.
On Tue, Nov 2, 2010 at 4:33 PM, Alik Segal <listserv.inbox@gmail.com> wrote:
PC was not paying his mortgage and filed c7. Bank filed MFRS. PCwants to convert to 13. Will conversion to 13 with provision for themortgage in the plan by itself render the MFRS moot? Or will I needto take additional steps to oppose the MFRS?
-- Alik Segal
The post was migrated from Yahoo.

converting from 7 to 13 with MFRS pending

Posted: Tue Nov 02, 2010 4:56 pm
by Yahoo Bot

The Motion is not moot and you need to defend, but you have the
possible defense now of the property being necessary for an
effective reorganization.
*************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
This Firm is a Qualified Federal Debt Relief Agency (see what this
means at

The post was migrated from Yahoo.

converting from 7 to 13 with MFRS pending

Posted: Tue Nov 02, 2010 4:48 pm
by Yahoo Bot

You need to oppose the MFR (e.g., client has equity and/or property is
necessary for a reorganization in prospect) and ideally have your conversion
motion heard before or at least on the same day as the MFR.
On Tue, Nov 2, 2010 at 4:33 PM, Alik Segal wrote:
>
>
> PC was not paying his mortgage and filed c7. Bank filed MFRS. PC
> wants to convert to 13. Will conversion to 13 with provision for the
> mortgage in the plan by itself render the MFRS moot? Or will I need
> to take additional steps to oppose the MFRS?
>
> --
> Alik Segal
> Alik.Segal@gmail.com
> 310-362-6157
> Cal. CD, Los Angeles
>
>
Giovanni Orantes, Esq.
Orantes Law Firm, P.C.
3435 Wilshire Blvd. Suite 1980
Los Angeles, CA 90010
Tel: (213) 389-4362
Phone: (888) 619-8222 x101
Fax: (877) 789-5776
e-mail: go@gobklaw.com
website: www.gobklaw.com
WE ARE A "DEBT RELIEF AGENCY" AS DEFINED BY FEDERAL LAW.
SERVING BAKERSFIELD, LOS ANGELES, ORANGE COUNTY, RIVERSIDE, SAN BERNARDINO
AND SANTA BARBARA.
Note: The information contained in this e-mail message is confidential
information intended only for the use of the individual or entity named. If
the reader of this message is not the intended recipient or an agent
responsible for delivering it to the intended recipient, you are hereby
notified that any dissemination, distribution or copy of this communication
is strictly prohibited. If you have received this communication in error,
please immediately notify us by telephone or e-mail and delete the original
e-mail at (213) 389-4362 or (888) 619-8222.
IRS Circular 230 Disclosure: In order to comply with requirements imposed by
the Internal Revenue Service, we inform you that any U.S. tax advice
contained in this communication (including any attachments) is not intended
to be used, and cannot be used, for the purpose of (i) avoiding penalties
under the Internal Revenue Code or (ii) promoting, marketing, or
recommending to another party any transaction or matter addressed herein.
You need to oppose the MFR (e.g., client has equity and/or property is necessary for a reorganization in prospect) and ideally have your conversion motion heard before or at least on the same day as the MFR.
The post was migrated from Yahoo.

converting from 7 to 13 with MFRS pending

Posted: Tue Nov 02, 2010 4:33 pm
by Yahoo Bot

PC was not paying his mortgage and filed c7. Bank filed MFRS. PC
wants to convert to 13. Will conversion to 13 with provision for the
mortgage in the plan by itself render the MFRS moot? Or will I need
to take additional steps to oppose the MFRS?
Alik Segal
Alik.Segal@gmail.com
310-362-6157
Cal. CD, Los Angeles

The post was migrated from Yahoo.