Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
Damages? Punative Damages, i.e rental income, lost equity, pain and suffering, credit.
Or, Compensatory Damages. How do you evaluate damages, aand are there monetary limits?
Bank still owns it. If they keep it can I consider lost rents and lost equity as damages?
The bank had knowledge of the bankruptcy because I presented them with a certified letter showing the case number XXXXX to the foreclosure.
Since the bank has taken the building in foreclosure they allowed the heat to be shut off, causing the fire sprinkler pipes to freeze and break, thus causing extensive damage. I don't want the building back, however I would like to recover my equity value at the time of the foreclosure, along with rents starting at the time of foreclosure until the end of the term lease. Is that possible?