The homeowner received a letter stating that the bank holding their mortgage and any entities that might take over the mortgage in the future have been granted relief from the bankruptcy stay regarding the mortgage. This means that the bank and any successors are allowed to continue or start foreclosure proceedings against the property despite the bankruptcy filing.

1. What does it mean when a successor in interest is granted relief from stay?
I am in foreclosure and filing bankruptcy and got a letter stating that the bank
k that holds my mortgage as well as its assignees and successors in interest are
granted relief from stay in regards to the mortgage. What does this mean? My la
wyer's office is closed, and this new info is driving me crazy!
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