Section 5.54 Single Asset Real Estate
| Library | Bankruptcy Practice (2007 Ed. + 2015 Cum Supp) |
11. (§5.54) Single Asset Real Estate
Under 11 U.S.C. § 362(d)(3), relief from the automatic stay is provided to creditors with an interest in single asset real estate. Specifically, § 362(d)(3) provides that a stay against single asset real estate will be lifted, after a notice and a hearing, unless the debtor either files “a plan of reorganization that has a reasonable possibility of being confirmed within a reasonable time” or makes monthly payments to each creditor in an amount equal to interest at...
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