Connecticut 2015 Regular Session

Connecticut House Bill HB05508 Latest Draft

Bill / Introduced Version Filed 01/15/2015

                            General Assembly  Proposed Bill No. 5508
January Session, 2015  LCO No. 765
 *00765*
Referred to Committee on JUDICIARY
Introduced by:
REP. BARAM, 15th Dist. (By Request)

General Assembly

Proposed Bill No. 5508 

January Session, 2015

LCO No. 765

*00765*

Referred to Committee on JUDICIARY 

Introduced by:

REP. BARAM, 15th Dist.

(By Request)

AN ACT CONCERNING A FORECLOSURE COMMITTEE'S ABILITY TO RECOUP EXPENSES AND FEES WHEN A REAL ESTATE OWNER FILES FOR BANKRUPTCY.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 846 of the general statutes be amended to provide that a court-appointed foreclosure committee, charged with the sale and auction of real estate being foreclosed, shall be permitted to recoup committee expenses and legal fees when the real estate owner files for bankruptcy protection seeking to discharge all fees and expenses of the foreclosure committee.

Statement of Purpose: 

To allow a court-appointed foreclosure committee, charged with the sale and auction of real estate being foreclosed, to recoup committee expenses and fees when the real estate owner files bankruptcy and seeks to discharge all expenses and debts, including the fees and expenses of the foreclosure committee.