Bank One, Colorado, N.A. v. Steffens (In Re Steffens)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “[A]ll of the liens against the property must be considered in determining whether the Debtors have equity in the property under § 362(d)(2)(A).”
• “Section 362(g) provides that the party requesting relief has the burden of proving a lack of equity . . . .”
• “Because the contemplated use of the property is the sale of some or all of the parcels, costs of sale must be considered as well. Even a meager 5% cost of sale will wipe out any potential equity.”

Source: CourtListener parenthetical corpus (CC0).