Legal Opinion
Hurlburt v. Black (In re Hurlburt)
United States Bankruptcy Court, E.D. North Carolina
Decided June 7, 2017No. Case No. 16-01964-5-SWH; Adversary Proceeding No. 16-00031-5-SWHPublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
Stephani W. Humrickhouse, United States Bankruptcy Judge
The issue before the court is whether a chapter 13 debtor may “cram down” the claim of a creditor secured only by a seller-financed purchase-money deed of trust' on the debtor’s residence to the value of the real property. The matter turns on the interplay between sections 502(b), 506(a), 1322(b)(2), and 1322(c)(2) of the Bankruptcy Code and the North Carolina anti-deficiency statute, North Carolina General Statutes § 45-21.38, and has implications beyond the facts of this case to chapter 13 cases filed after…
2Cases cited15 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- United States v. Diebold, Inc.Supreme Court of the United States · 1962
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- Bank of America, N. A. v. CaulkettSupreme Court of the United States · 2015
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3Cited by4 opinions
- Larry Hurlburt v. Juliet BlackCourt of Appeals for the Fourth Circuit · 2019
- In re PriceUnited States Bankruptcy Court, E.D. North Carolina · 2017
- In re: Oscar Vazquez MarcanoUnited States Bankruptcy Court, D. Puerto Rico · 2023
- Vitale v. Nationstar Mortgage LLCDistrict Court, E.D. North Carolina · 2019