In Re Jennings
United States Bankruptcy Court, N.D. Georgia
1Opinion of the Court
MEMORANDUM OPINION ON CHAPTER 20 LIEN STRIPPING
C. RAY MULLINS, Bankruptcy Judge.
Introduction
The issue before the Court is whether a “chapter 20 debtor” — a debtor who is ineligible for a chapter 13 discharge pursuant to section 1328(f) of the Bankruptcy Code because of a recent chapter 7 discharge— may strip off 1 the lien of a wholly underwater second mortgage (“lien stripping”). For the reasons set forth herein, the Court finds that if the plan is filed in good faith, a chapter 20 debtor may strip off such a lien in a chapter 13 plan.
Procedural Posture
Nancy Whaley, the chapter 13 trustee…
2Cases cited26 opinions
- Dewsnup v. TimmSupreme Court of the United States · 1992
- United Student Aid Funds, Inc. v. EspinosaSupreme Court of the United States · 2010
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- Long v. BullardSupreme Court of the United States · 1886
21 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Fisette v. Keller (In Re Fisette)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2011
- Mele v. Bank of America Home Loans (In re Mele)United States Bankruptcy Court, N.D. Georgia · 2013
- In Re MillerUnited States Bankruptcy Court, E.D. New York · 2011
- Frazier v. REAL TIME RESOLUTIONS, INC.District Court, E.D. California · 2012
- Orkwis v. MERS (In Re Orkwis)United States Bankruptcy Court, E.D. New York · 2011
20 more not listed; retrieve them via the Exa API.