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Monday, June 9, 2008

Score one for the good guys..."My Bad = Not Good"

recent case law updates:
In re Crawford
Bankr. S.D. N.Y.
A secured creditor which proceeded with a foreclosure sale after being notified of a bankruptcy filing was liable for actual and punitive damages. The creditor's announced caveat that the sale would be void "if it violated the automatic stay" did not prevent imposition of damages.
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