Legal Opinion

In Re Hardzog

United States Bankruptcy Court, W.D. Oklahoma

Decided June 19, 1987No. 19-10674PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM DECISION

RICHARD L. BOHANON, Chief Judge.

Debtors have proposed a plan for adjustment of their debts pursuant to Chapter 12 of the Bankruptcy Code. The Federal Land Bank of Wichita, an oversecured creditor, objects to the discount rate used to calculate the present value of its allowed claim. 1 The issue thus concerns determination of the proper discount rate for the claim of an oversecured creditor when it is paid in deferred cash payments.

The debtor proposes to compensate the Federal Land Bank using a formula resulting in a rate of 7.5%. The Bank asserts that the discount rate…

2Cases cited14 opinions

  1. Memphis Bank & Trust Company v. Linda Gail WhitmanCourt of Appeals for the Sixth Circuit · 1982
  2. Matter of CrockettUnited States Bankruptcy Court, N.D. Illinois · 1980
  3. In Re KleinUnited States Bankruptcy Court, E.D. New York · 1981
  4. In Re FisherUnited States Bankruptcy Court, D. Kansas · 1983
  5. General Motors Acceptance Corp. v. Lum (In Re Lum)United States Bankruptcy Court, E.D. Tennessee · 1979

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

3Cited by14 opinions

  1. In Re Clarence L. (i.o.) Hardzog Katy Lou Hardzog, Debtors. Clarence L. (i.o.) Hardzog Katy Lou Hardzog v. The Federal Land Bank of WichitaCourt of Appeals for the Tenth Circuit · 1990
  2. In Re ClaeysUnited States Bankruptcy Court, D. North Dakota · 1987
  3. In Re Snider Farms, Inc.United States Bankruptcy Court, N.D. Indiana · 1988
  4. In Re ShannonDistrict Court, S.D. Ohio · 1989
  5. In Re MitchellUnited States Bankruptcy Court, E.D. Pennsylvania · 1987

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

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