History was made today when Antonio Attard's Chapter 13 Plan allowing for the cure of arrearage on home mortgage, was approved by the US Bankruptcy Court. This case is monumental since the home mortgage was foreclosed by the Lender and the state redemption period (6 months) has expired prior to the bankruptcy filing. The court confirmed the plan on the basis of 11 USC 1322(c)(1) which allows a Debtor to cure a default when the foreclosure sale is not conducted in accordance with applicable nonbankruptcy law.
For case details contact media@nicoletti-associates.com
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