Quantcast
Home / Opinion Digests / Bankruptcy (access required)

Bankruptcy (access required)

Delayed Foreclosure Where plaintiffs own 60 percent of the stock in debtor, which owns a car wash business operated by plaintiffs' two sons, and plaintiffs are personal guarantors on the bank's loan to debtor business, the bankruptcy court will temporarily enjoin the bank from foreclosing on the plaintiff parents' personal residence in order to allow the ...