I posted this question before and I don't recall getting a reliable answer. the tenantsbefore terminatingutilities, but I"m not surewhatdegree of notice.
Abandonment of property if from the estate to the title holder.A lender will usually not agree toaccept a deed of title from the borrower.
Law Office of Peter M. Lively * Personal Financial Law Center I
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Telephone: (310)391-2400 * (800)307-3328 * Fax: (310)391-2462
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Sent: Wed, February 10, 2010 10:51:23 AM
Subject: [cdcbaa] Utilities after motion for relief from stay
Can a Debtor safely turn off utilities for common areas for a property for which the lender got relief from stay but for which title still appears under Debtor's name? Would a Motion to Abandon the property to the lender cut off potential post-relief- from-stay liability?
Giovanni Orantes, Esq.
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
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I posted this question before and I don't recall getting a reliable answer. My understanding is that California law requires notice to the tenants before terminating utilities, but I"m not sure what degree of notice.
Abandonment of property if from the estate to the title holder. A lender will usually not agree to accept a deed of title from the borrower. Peter M. Lively, JD/MBALaw Office of Peter M. Lively * Personal Financial Law Center I11268 Washington Blvd, Suite 203, Culver City, CA 90230-4647Telephone: (310)391-2400 * (800)307-3328 * Fax: (310)391-2462 A-Bankruptcy-Attorney.com
Personal Financial Law Center II1706-B Newport Boulevard, Costa Mesa, CA 92627-3073Telephone: (949)650-3328
THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHICH IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL AND EXEMPT FROM DISCLOSURE UNDER APPLICABLE LAW. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, OR THE EMPLOYEE OR AGENT RESPONSIBLE FOR DELIVERING THE MESSAGE TO THE INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY E-MAIL OR BY TELEPHONE. THANK YOU.
From: Giovanni Orantes <
go@gobklaw.com>To:
cdcbaa@yahoogroups.comSent: Wed, February 10, 2010 10:51:23 AMSubject: [cdcbaa] Utilities after motion for relief from stay
Can a Debtor safely turn off utilities for common areas for a property for which the lender got relief from stay but for which title still appears under Debtor's name? Would a Motion to Abandon the property to the lender cut off potential post-relief- from-stay liability?-- Giovanni Orantes, Esq. 3435 Wilshire Blvd. Suite 1980Los Angeles, CA 90010Tel: (213) 389-4362Phone: (888) 619-8222 x101Fax: (877) 789-5776e-mail:
go@gobklaw.comwebsite:
www.gobklaw. comWE 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.
The post was migrated from Yahoo.