Sentences with phrase «feasible plan of reorganization»
On request of a creditor with a claim secured by the single asset real estate and after notice and a hearing, the court will grant relief from the automatic stay to the creditor unless the debtor files a feasible plan of reorganization or begins making interest payments to the creditor within 90 days from the date of the filing of the case, or within 30 days of the court's determination that the case is a single asset real estate case.
http://www.uscourts.gov/ Not exact matches
Most importantly, a plan of reorganization must be feasible and fair, filed in good faith, and in the best interest of creditors.