Legal Opinion

Crain v. PSB Lending Corp. (In Re Crain)

United States Bankruptcy Court, C.D. California

Decided December 1, 1999No. Bankruptcy No. LA 98-43981-VZ. Adversary No. LA 98-03791-VZPublishedCited by 25 opinions

1Opinion of the Court

OPINION RE: VOIDING UNSECURED LIENS IN CHAPTER 13 CASES

VINCENT P. ZURZOLO, Bankruptcy Judge.

I. INTRODUCTION

Noel and Pamela Crain (“Plaintiffs” or “Debtors”) are the plaintiffs and PSB Lending Corporation (“Defendant”) is the defendant in this adversary proceeding. Plaintiffs brought this adversary proceeding against Defendant in order to void Defendant’s lien on the Plaintiffs’ principal residence (“Subject Property”) pursuant to 11 U.S.C. § 506(d). 1 Once upon a time, under the plain language of § 506(d), a lien could be voided to the extent it was unse cured. Despite the plain language §…

2Cases cited28 opinions

  1. Connecticut National Bank v. GermainSupreme Court of the United States · 1992
  2. Gasperini v. Center for Humanities, Inc.Supreme Court of the United States · 1996
  3. Dewsnup v. TimmSupreme Court of the United States · 1992
  4. Nobelman v. American Savings BankSupreme Court of the United States · 1993
  5. Patrick James Jeffries v. Tana Wood, SuperintendentCourt of Appeals for the Ninth Circuit · 1997

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

3Cited by25 opinions

  1. In Re Stephen J. McdonaldCourt of Appeals for the Third Circuit · 2000
  2. In Re AbdelgadirUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2011
  3. Aubain v. LaSalle National Bank (In Re Aubain)United States Bankruptcy Court, E.D. New York · 2003
  4. Benafel v. One West Bank, FSB (In Re Benafel)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2011
  5. In Re ArnoldUnited States Bankruptcy Court, C.D. California · 2012

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

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