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Re: toogoodfella post# 88111

Monday, 05/11/2020 2:25:52 AM

Monday, May 11, 2020 2:25:52 AM

Post# of 111173
The answer is LBHI will lose the automatic stay and folks can sue LBHI. Also, if it goes beyond the max time, they can even lose the BK status and LBHI dont want that. Those are mechanisms put in place to make sure BKs dont go on forever. The theory is, if you can survive way pass the allotted time, maybe you dont need the bk.