Leonard Legal Buzz

Single Asset Real Estate Bankruptcy

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Sinopse

Single asset real estate bankruptcy—where a debtor would file an 11th hour bankruptcy to stave off a foreclosure on a property—has evolved over the last 15 years, in light of changing legislation. In this podcast, attorney Robert Kugler provides an overview of single-asset real estate bankruptcy, how the laws governing the situation have changed and what lenders should be aware of when a debtor may be considering bankruptcy.