Altegra Credit Co. v. Ford Motor Credit Co. (In Re Brantley)

ORDER

JOHN S. DALIS, Chief Judge.

Altegra Credit Company (herein “Altegra”), Ford Motor Credit Company (herein “Ford”), and Michael and Melinda Bradley (herein “Debtors”) assert competing claims over distribution of insurance policy proceeds held by the Chapter 13 Trustee. Altegra is entitled to the money.

The Court has jurisdiction to determine these motions as core bankruptcy proceedings under 28 U.S.C. § 157(a) & (b)(2)(B) &(K).

The facts are as follows. On January 25, 1999 a fire destroyed the Debtors’ residence located at Route 1, Box 233, Kite, Georgia. Altegra held a security deed on said…