Chaney et al v. JP Morgan Chase Bank NA

Filing 11

MEMORANDUM OPINION and ORDER that the motion to extend the stay is GRANTED in part and DENIED in part and It is ORDERED that all proceedings in this matter are stayed for a period of forty-five days from 10/10/2013, as more fully set out in order. Signed by Judge C Lynwood Smith, Jr on 10/7/2013. (AHI )

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FILED 2013 Oct-07 PM 04:02 U.S. DISTRICT COURT N.D. OF ALABAMA UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ALABAMA NORTHWESTERN DIVISION JAMES CHANEY & TAMELA CHANEY, Plaintiffs, vs. JP MORGAN CHASE BANK, N.A., Defendant. ) ) ) ) ) ) ) ) ) ) ) Civil Action No. CV-13-S-1284-NW MEMORANDUM OPINION AND ORDER This action is before the court on the parties’ joint motion to extend1 for a period of ninety days the stay entered by this court on July 12, 2013.2 The initial stay entered by this court is scheduled to expire on October 10, 2013.3 As grounds for the motion for extension of that stay, the parties state that their efforts have been focused on reaching a resolution of this matter since the entry of this court’s July 12, 2013 order.4 Even so, those efforts include the time-consuming process of submitting and reviewing a loan modification application; and, as such, the parties request additional time to complete the analysis of the loan modification application, and to negotiate 1 See doc. no. 10 (Joint Motion to Extend Stay). 2 See doc. no. 9 (Memorandum Opinion and Order). 3 Id. 4 Doc. no. 10 (Joint Motion to Extend Stay) ¶ 3. towards a potential settlement of the case.5 Upon consideration, the motion to extend the stay is GRANTED in part and DENIED in part. It is ORDERED that all proceedings in this matter are stayed for a period of forty-five days from October 10, 2013. NO FURTHER EXTENSIONS SHALL BE GRANTED. DONE and ORDERED this 7th day of October, 2013. ______________________________ United States District Judge 5 Id. ¶¶ 3-4. 2

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