Legal Opinion

In Re Young

United States Bankruptcy Court, E.D. Tennessee

Decided August 23, 1996No. Bankruptcy 96-20202PublishedCited by 25 opinions

1Opinion of the Court

MEMORANDUM

MARCIA PHILLIPS PARSONS, Bankruptcy Judge.

This case is before the court upon the objection to confirmation filed by the holder of a second mortgage on the debtors’ residence. The issue presented by the objection is whether 11 U.S.C. § 1322(c)(2), which was enacted as part of the Bankruptcy Reform Act of 1994, permits a “cramdown” 1 of an undersecured residential mortgage if final payment under the mortgage falls due during the life of the plan, notwithstanding 11 U.S.C. § 1322(b)(2) and the U.S. Supreme Court’s ruling in Nobelman v. American Savings Bank, 508 U.S. 324, 113 S.Ct.…

2Cases cited37 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Connecticut National Bank v. GermainSupreme Court of the United States · 1992
  3. Caminetti v. United StatesSupreme Court of the United States · 1917
  4. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  5. Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982

32 more not listed; retrieve them via the Exa API.

3Cited by25 opinions

  1. First Union Mortgage Corp. v. Eubanks (In Re Eubanks)Bankruptcy Appellate Panel of the Sixth Circuit · 1998
  2. Bartee v. Tara Colony Homeowners Ass'n (In Re Bartee)Court of Appeals for the Fifth Circuit · 2000
  3. In Re Clarence Gordon Witt Carolyn Sue Witt, Debtors. Clarence Gordon Witt Carolyn Sue Witt v. United Companies Lending CorporationCourt of Appeals for the Fourth Circuit · 1997
  4. American General Finance, Inc. v. Paschen (In Re Paschen)Court of Appeals for the Eleventh Circuit · 2002
  5. In Re FennUnited States Bankruptcy Court, N.D. Illinois · 2010

20 more not listed; retrieve them via the Exa API.

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