Legal Opinion
Fleet Finance, Inc. v. Ivey (In Re Ivey)
District Court, M.D. North Carolina
Decided September 24, 1992No. B-90-11243C-13 W, 2:91CV00564PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION
OSTEEN, District Judge.
Fleet Finance Company appeals from a final order of the United States Bankruptcy Court denying its objection to a discount rate of 13% on payment of its allowed secured claim of $5,474.16. 131 B.R. 43. The issue presented is whether this plan complies with the “present value” requirement of 11 U.S.C. § 1325(a)(5)(B) (West Supp.1992). Although this court would not adopt as its own the method used by the Bankruptcy Court to calculate the discount rate, the plan does conform with the requirements of § 1325(a)(5)(B) and, hence, this court will AFFIRM the…
2Cases cited27 opinions
- Memphis Bank & Trust Company v. Linda Gail WhitmanCourt of Appeals for the Sixth Circuit · 1982
- In Re Bryson Properties, Xviii, Debtor. Travelers Insurance Company v. Bryson Properties, XviiiCourt of Appeals for the Fourth Circuit · 1992
- United States v. Neal Pharmacal CompanyCourt of Appeals for the Eighth Circuit · 1986
- United States v. Dennis Edward Doud and Cheryl Ann DoudCourt of Appeals for the Eighth Circuit · 1989
- 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
22 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- In Re River Village AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1993
- In Re Birdneck Apartment Associates, II, L.P.United States Bankruptcy Court, E.D. Virginia · 1993
- In Re CollinsUnited States Bankruptcy Court, E.D. Texas · 1994
- In Re DingleyUnited States Bankruptcy Court, N.D. New York · 1995
- In Re LewisUnited States Bankruptcy Court, D. Maryland · 1994
5 more not listed; retrieve them via the Exa API.