Legal Opinion
In Re Ramirez
United States Bankruptcy Court, S.D. California
Decided July 16, 1986No. 13-08751PublishedCited by 40 opinions
1Opinion of the Court
MEMORANDUM DECISION
LOUISE DeCARL MALUGEN, Bankruptcy Judge.
Marathon Home Loan Company (“Marathon” ) holds two trust deeds on real property belonging to debtor Mary Ramirez (“Ramirez”), which secure two notes in the amount of $49,000 and $12,000. Ramirez executed the notes in late 1984. Both notes mature within one year of February 7, 1986, the date Ramirez filed her Chapter 13 petition. The notes carry interest rates of 18% and 19%, respectively.
Ramirez resides on the property and derives 46% of her net income from two rental units located on it. Ramirez’ proposed plan modifies Marathon’s…
2Cases cited2 opinions
- Ronald E. Grubbs v. Houston First American Savings AssociationCourt of Appeals for the First Circuit · 1984
- In Re BallardUnited States Bankruptcy Court, E.D. Virginia · 1980
3Cited by40 opinions
- Frank and Arlene Wilson v. Commonwealth Mortgage CorporationCourt of Appeals for the Third Circuit · 1990
- Lomas Mortgage, Inc. v. Esperandieu & Antonine LouisCourt of Appeals for the First Circuit · 1996
- In Re Frances Scarborough, Frances Scarborough v. Chase Manhattan Mortgage CorporationCourt of Appeals for the Third Circuit · 2006
- In Re McGregorUnited States Bankruptcy Court, D. Massachusetts · 1994
- Adebanjo v. Dime Savings Bank of New York, FSB (In Re Adebanjo)United States Bankruptcy Court, D. Connecticut · 1994
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