Legal Opinion
In Re: Lee M. Till and Amy M. Till, Debtors-Appellants
Court of Appeals for the Seventh Circuit
Decided October 10, 2002No. 00-4167PublishedCited by 17 opinions
1Opinion of the Court
RIPPLE, Circuit Judge.
Lee and Amy Till filed for bankruptcy protection under Chapter 13. SCS Credit Corporation, a secured creditor, objected to confirmation of the Tills’ Chapter 13 plan on the ground that the interest rate SCS would be paid under Chapter 13’s “cramdown” provision, see 11 U.S.C. § 1325(a)(5)(A)(ii), was insufficient. The bankruptcy court confirmed the plan over SCS’ objection; it held that the proper interest rate was the prime rate plus a risk adjustment of 1.5%. SCS appealed. The district court reversed the bankruptcy court’s decision; it concluded that the “coerced loan”…
2Cases cited11 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- Metropolitan Life Ins. v. Murel Holding Corp.Court of Appeals for the Second Circuit · 1935
- General Motors Acceptance Corporation v. Alphonso Jones, Debtor, Robert M. Wood, TrusteeCourt of Appeals for the Third Circuit · 1993
- United States v. Dennis Edward Doud and Cheryl Ann DoudCourt of Appeals for the Eighth Circuit · 1989
6 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- Airadigm Communications, Inc. v. Federal Communications CommissionCourt of Appeals for the Seventh Circuit · 2008
- Wells Fargo Bank Northwest, N.A. v. Yett (In Re Yett)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2004
- In Re WilloughbyUnited States Bankruptcy Court, S.D. Indiana · 2005
- In Re BivensUnited States Bankruptcy Court, N.D. Illinois · 2005
12 more not listed; retrieve them via the Exa API.