Legal Opinion

In Re Pearson

United States Bankruptcy Court, E.D. New York

Decided March 31, 1981No. 1-19-40527PublishedCited by 44 opinions

1Opinion of the Court

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

This proceeding raises the question whether, after entry of a judgment of foreclosure and sale with respect to the debtors’ principal residence, the bankruptcy court should confirm a Chapter 13 plan which proposes to pay the judgment creditor, the mortgagee, over the life of the plan less than the face amount of the judgment.

THE FACTS

The relevant facts in this case are not in dispute and may be briefly stated.

Audrey and Godfrey Pearson purchased their home at 8 Gusta Lane, Roosevelt, New York, in June, 1978 by paying $5,000 in cash and borrowing…

2Cases cited16 opinions

  1. Ladd v. . StevensonNew York Court of Appeals · 1889
  2. Richard Francis Hallenbeck and Gertrude D. Hallenbeck v. Penn Mutual Life Insurance CompanyCourt of Appeals for the Fourth Circuit · 1963
  3. Di Pierro v. Cullen (In Re Taddeo)United States Bankruptcy Court, E.D. New York · 1981
  4. In Re ButchmanUnited States Bankruptcy Court, S.D. New York · 1980
  5. Matter of LaPagliaUnited States Bankruptcy Court, E.D. New York · 1981

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

3Cited by44 opinions

  1. In Re Joseph C. Taddeo and Ellen A. Taddeo, Debtors. Elfriede Di Pierro v. Joseph C. Taddeo and Ellen A. Taddeo and Richard J. McCord Interim TrusteeCourt of Appeals for the Second Circuit · 1982
  2. In the Matter of Benny L. ROACH and Edith Roach, AppellantsCourt of Appeals for the Third Circuit · 1987
  3. Ronald E. Grubbs v. Houston First American Savings AssociationCourt of Appeals for the First Circuit · 1984
  4. In Re Gerald David Glenn and Janice Sue Glenn, Debtors, the Federal Land Bank of Louisville, Creditor-Appellant v. Gerald David Glenn and Janice Sue Glenn, (82-3821) Debtors-Appellees. In Re Edward J. Pigloski and Mary L. Pigloski, Debtors, Edward J. Pigloski and Mary L. Pigloski v. Maxine Wynn and Manor Mortgage Company, (83-1316) in Re Ralph Miller, Debtor, First Federal of Michigan v. Ralph Henry Miller, (83-1585)Court of Appeals for the First Circuit · 1985
  5. In Re IvoryUnited States Bankruptcy Court, D. Oregon · 1983

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

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