In Re Hernandez
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
NORDBERG, District Judge.
This matter is before the Court on the Debtor’s appeal from the bankruptcy court’s order of December 30, 1993. That order provides that Volkswagen Credit Inc.’s (“VCI”) lien on the debtor’s automobile shall survive the completion of debtor’s Chapter 13 plan, despite the fact that the plan calls for the complete payment of the secured portion of VCI’s claim. This Court faces the question of whether a Chapter 13 debtor may strip down a lien on non-residential personal property to the current fair market value of the collateral.
I. 'FACTS
In…
2Cases cited27 opinions
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- In Re Longardner & Associates, Inc., Debtor. Appeal of Landahl, Brown & Weed Associates, IncCourt of Appeals for the Seventh Circuit · 1988
- In Re Joseph and Sandra Schaitz, Debtors. Appeal of Gwenn L. Webb and Colton WebbCourt of Appeals for the Seventh Circuit · 1990
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3Cited by15 opinions
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- In Re RheaumeUnited States Bankruptcy Court, D. Vermont · 2003
- In Re JohnsonUnited States Bankruptcy Court, N.D. Illinois · 1997
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