North Carolina's Two Dismissal Rule Applies to Power of Sale Foreclosures

​A recent North Carolina Court of Appeals decision in Lifestore Bank v. Mingo confirmed that Rule 41 of the North Carolina Rules of Civil Procedure (referred to as the Two Dismissal Rule) applies to power of sale foreclosure proceedings in North Car ...[Read more]

Published: 1/20/2015 | 0  Comments | 0  Links to this post

Eastern District of NC Judges May Not Allow Stay Relief Orders to be Effective Upon Entry

​Rule 4001(a)(3) of the Bankruptcy Rules requires that an order granting a motion for relief from the automatic stay is stayed until the expiration of fourteen (14) days after the entry of the order, unless the court orders otherwise.  Many creditor ...[Read more]

Published: 1/16/2015 | 0  Comments | 0  Links to this post