In my August post, I discussed two cases. In the Failla case, the Eleventh Circuit affirmed the District Court’s opinion that “once the debtor decides to ‘surrender’ secured property…
Continue Reading Dear Mortgage Lenders – This New Law is for You!
Surrender
Are You Looking for Redemption in Bankruptcy?
By Heather Ries on
What is “redemption” in bankruptcy?
- Redemption is an option available to Chapter 7 individual debtor (not corporations or business entities).
- Redemption may allow the debtor to keep personal property (intended
…
Continue Reading Are You Looking for Redemption in Bankruptcy?