Legal Opinion

Geico Financial Services, Inc. v. Cordes (In Re Cordes)

United States Bankruptcy Court, C.D. California

Decided March 13, 1984No. Bankruptcy No. SA 83-01110 PE, Ref. No. M3-164, Adv. No. SA 83-2599PublishedCited by 25 opinions

1Opinion of the Court

MEMORANDUM OF DECISION ON MOTION TO AMEND FINDINGS

PETER M. ELLIOTT, Bankruptcy Judge.

The Chapter 7 debtors seek to amend the judgment entered December 16, 1983 and the findings of fact and conclusions of law contained in my memorandum of decision, particularly as to the secured status of Government Employees Insurance Co. (Geico) under 11 U.S.C. § 506.

The issue is whether the court can avoid a lien on the Chapter 7 debtors’ residence to the extent that the obligation exceeds the amount of the creditor’s secured claim. I hold that the lien cannot be avoided.

Geico filed a secured claim for…

2Cases cited8 opinions

  1. Tanner v. FinanceAmerica Consumer Discount Co. (In Re Tanner)United States Bankruptcy Court, W.D. Pennsylvania · 1981
  2. In Re MahanerUnited States Bankruptcy Court, W.D. New York · 1983
  3. Spadel v. Household Consumer Discount Co. (In Re Spadel)United States Bankruptcy Court, E.D. Pennsylvania · 1983
  4. Rappaport v. Commercial Banking Corp. (In Re Rappaport)United States Bankruptcy Court, E.D. Pennsylvania · 1982
  5. Hotel Associates, Inc. v. Trustees of Central States SE & SW Areas Pension Fund (In Re Hotel Associates, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1980

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3Cited by25 opinions

  1. In the Matter of Paul D. Folendore and Helen H. Folendore, Debtors. Paul D. Folendore and Helen H. Folendore v. U.S. Small Business AdministrationCourt of Appeals for the Eleventh Circuit · 1989
  2. First of America Bank v. Gaylor (In Re Gaylor)United States Bankruptcy Court, E.D. Michigan · 1991
  3. Dewsnup v. Timm (In Re Dewsnup)United States Bankruptcy Court, D. Utah · 1988
  4. Maitland v. Central Fidelity Bank (In Re Maitland)United States Bankruptcy Court, E.D. Virginia · 1986
  5. Gibbs v. F & M Marquette National Bank (In Re Gibbs)United States Bankruptcy Court, D. Minnesota · 1984

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