9th Circuit Court of Appeals Rules That Trustee Can Sell Property That Had No Equity on Filing Date When Value Increased Post-Filing

On September 14, 2010, the Ninth Circuit of the U.S. Court of Appeals determined that the Debtors’ homes may be sold by trustee even thought the property had no equity when the case was filed but had increased in value during the pendancy of the case. In re Gebhart, — F.3d —– (9th Cir 2010).

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