Sligh v. North Point I Condominium Ass'n (In re Sligh)

MEMORANDUM

ERIC L. FRANK, CHIEF U.S. BANKRUPTCY JUDGE

I. INTRODUCTION

In this bankruptcy case, a condominium association filed a proof of claim asserting that it holds a claim for delinquent condominium assessments that is secured by the debtor’s condominium unit. The debtor filed this adversary proceeding seeking a determination that the mortgage lien with priority over the lien held by the condominium association exceed the value of her condominium unit. The debtor’s initial goal is to bifurcate the condominium association’s claim under 11 U.S.C. § 506(a) so that its entire claim is a general…