In re Lee (19-71337)
Movant U.S. National Bank Association, not in its Individual capacity, but solely as trustee for RAMC Trust, Series 2016-CTT, moved for relief from the stay because Respondent’s proposed chapter 11 plan failed to provide adequate protection to the Movant. The proposed chapter 11 plan modified the mortgage on debtor’s principal residence, in violation of § 1123(b)(5). Therefore, the Court grants Movant’s motion for relief from the stay.
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Friday, October 23, 2020