Legal Question in Bankruptcy in California
Bankruptcy
A property is sold in under Ch 11 . I
hold a note rfom the prior owner for
which the property is security. Do I
have a case whereby I can seek
compensation? To what degree?
Asked on 11/22/07, 2:06 pm
1 Answer from Attorneys
Charles Shamash
Caceres & Shamash, LLP
Re: Bankruptcy
If your note was recorded, then you should be paid from the sale, unless sold through senior liens. More information needed, feel free to contact our office as you should probably retain Counsel to review this.
Answered on 11/22/07, 2:13 pm
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