Menu
In re Thompson, from the District of Massachusetts (17-11318-MSH), the court rejected a plan that delayed the surrender of a house so the debtor's child could finish high school without moving. The court reasoned, among other things, that "if a secured creditor is legally foreclosed from immediately obtaining the property that a debtor proposes to surrender and the debtor does not in fact voluntarily relinquish all rights in the property, including the right to possession, to the secured creditor, then the debtor can in no way be said to have “surrendered” any of his rights in the property.
FactorLaw is a debt relief agency. We help people file for relief under the Bankruptcy Code.
© 2024 Law Office of William J. Factor, Ltd.|Legal Disclaimer|Privacy Policy | Chicago Bankruptcy