2 legal questions have been posted about foreclosures by real users in Maryland. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include bankruptcy, commercial bankruptcy, and consumer bankruptcy. All topics and other states can be accessed in the dropdowns below.
You cannot ask for relief from stay to stop something that has already happened. Depending on the litigation laws of foreclosure in your state, will determine if you have any recourse after the sale date. In Massachusetts you can actually fight for possession of your house after foreclosure sale, but this is not true in every state, you should contact an attorney in your state who handles foreclosure defense. A chapter 7 bankruptcy or chapter 13 bankruptcy automatic stay does not help a debtor after foreclosure sale.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147...
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You cannot ask for relief from stay to stop something that has already happened. Depending on the litigation laws of foreclosure in your state, will...
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The simple answer is yes, your commercial lease is still binding on you in regards to the person who purchases the building at foreclosure sale. They will not be able to evict you as long as you keep making on the lease. Just think of the lease as going from one owner to another, nothing changes for you.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147...
Read More
The simple answer is yes, your commercial lease is still binding on you in regards to the person who purchases the building at foreclosure sale. They...
Read More