Mealey's Banking & Finance - 11th Circuit: District Court Did Not Err; Loan Servicers Had Right To Stay Relief

ATLANTA - A panel of the 11th Circuit U.S. Court of Appeals on May 8 affirmed a lower court and determined that loan servicing agencies were allowed to have relief from the automatic stay to pursue foreclosure against a Chapter 13 debtor couple (Kenneth Lodge v. Kondaur Capital Corporation, No. 13-10919, Chapter 13, 11th Cir.; 2014 U.S. App. LEXIS 8632).

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