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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

In Re D.C. Diamond Head, Inc., 51 B.R. 309 (1985)

Citation
In Re D.C. Diamond Head, Inc., 51 B.R. 309 (1985)
Parent Document
In Re D.C. Diamond Head, Inc., 51 B.R. 309 (1985)
Effective Date
1985-04-22

Other Sections in This Document (121)

Full Text

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The cases are legion in this Court and other bankruptcy courts across the country where this has occurred in the context of mortgage foreclosures. Before commencing foreclosure proceedings, the mortgagee normally invokes the acceleration clause. Hence, under local law, the mortgagor’s right to redeem can be exercised only