Legal Opinion

In Re Hernandez

District Court, N.D. Illinois

Decided December 13, 1994No. 94 C 1009PublishedCited by 15 opinions

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

  1. Dewsnup v. TimmSupreme Court of the United States · 1992
  2. Johnson v. Home State BankSupreme Court of the United States · 1991
  3. Nobelman v. American Savings BankSupreme Court of the United States · 1993
  4. In Re Longardner & Associates, Inc., Debtor. Appeal of Landahl, Brown & Weed Associates, IncCourt of Appeals for the Seventh Circuit · 1988
  5. 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

  1. Strong v. United States Department of the Treasury, Internal Revenue Service (In Re Strong)United States Bankruptcy Court, N.D. Illinois · 1996
  2. In Re YoungUnited States Bankruptcy Court, E.D. Tennessee · 1996
  3. Bank One Chicago, NA v. FlowersDistrict Court, N.D. Illinois · 1995
  4. In Re RheaumeUnited States Bankruptcy Court, D. Vermont · 2003
  5. In Re JohnsonUnited States Bankruptcy Court, N.D. Illinois · 1997

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

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