Legal Opinion

In Re Sneijder

United States Bankruptcy Court, S.D. New York

Decided July 2, 2009No. 19-10655PublishedCited by 19 opinions

1Opinion of the Court

MEMORANDUM OPINION & ORDER DENYING DEBTOR’S OBJECTION TO CLAIM # 7

MARTIN GLENN, Bankruptcy Judge.

This case presents a frequently recurring question in chapter 13 cases-namely, how should the Court address a secured mortgage claim when the debtor intends to surrender the collateral under a proposed plan pursuant to Bankruptcy Code § 1325(a)(5)(C)? The case poses both legal and practical issues. The legal issue raised by the debtor, Lidda Beth Sneijder (“Debtor”), is whether § 1325(a)(5)(C) permits a debtor to surrender collateral in full satisfaction of the loan. The answer, pursuant to…

2Cases cited25 opinions

  1. Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
  2. In Re Fred J. Szostek, Denise M. SzostekCourt of Appeals for the Third Circuit · 1989
  3. In Re Robert Ray Harrison and Frankey Daylene Harrison, Debtors. Agricredit Corporation v. Robert Ray Harrison and Frankey Daylene HarrisonCourt of Appeals for the Tenth Circuit · 1993
  4. In Re McLean Industries, Inc.United States Bankruptcy Court, S.D. New York · 1990
  5. In Re Sharon E. Kerwin, Debtor, First Brandon National Bank v. Sharon E. Kerwin, Jan M. Sensenich, TrusteeCourt of Appeals for the First Circuit · 1993

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3Cited by19 opinions

  1. In Re Heritage Highgate, Inc.Court of Appeals for the Third Circuit · 2012
  2. In re South Side House, LLCUnited States Bankruptcy Court, E.D. New York · 2012
  3. In re: Marshall L. Rader and Barbara J. RaderUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2013
  4. Official Committee of Unsecured Creditors v. UMB Bank, N.A. (In re Residential Capital, LLC)United States Bankruptcy Court, S.D. New York · 2013
  5. In Re Panther Mountain Land Development, LLCUnited States Bankruptcy Court, E.D. Arkansas · 2010

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