Creditors entitled to relief from stay under sections 362(d)(1) and 362(d)(2). Debtor failed to meet burden of proof that property was necessary to an effective reorganization and on issue of adequate protection. Automatic stay modified to allow creditors to initiate foreclosure actions.
File:
Judge:
Date:
Friday, November 7, 2014
Category:
Adequate Protection
Automatic Stay
Burden of Proof
Chapter:
13