Table Talk: Sales and Real Estate in Bankruptcy
This session will discuss various real estate issues in bankruptcy, including sales pre- and post-confirmation. With the rise in real estate values, this affects how a debtor provides for treatment of second and third mortgage liens in the plans as well as cramdowns and lien strips. Additionally, what happens when a debtor decides to sell their property after confirmation and the value has increased? Who gets to keep the money? With the increased home values, there are many effects on a debtor’s bankruptcy.
Chris DeNardo - LOGS Legal Group LLP
Alan Wolf - The Wolf Firm, A Law Corporation