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Excerpt from Practical Guidance

Expert Analysis

Tips For Handling Single Asset Real Estate Bankruptcy Cases

By Practical Guidance staff ( September 10, 2024, 7:08 PM EDT) -- Single asset real estate, or SARE, Chapter 11 cases generally arise when a SARE debtor is forced to file for bankruptcy relief to stop an impending foreclosure sale. Borrowers who receive SARE status are subject to heightened statutory requirements that limit Chapter 11 protections....

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