Legal Opinion

Briseno v. Mutual Federal Savings & Loan Ass'n (In re Briseno)

United States Bankruptcy Court, N.D. Illinois

Decided August 2, 2013No. Bankruptcy No. 12 B 02903; Adversary Nos. 12 A 00440, 12 A 00441PublishedCited by 1 opinion

1Opinion of the Court

AMENDED MEMORANDUM OPINION

JANET S. BAER, Bankruptcy Judge.

Hector and Ana Briseno (the “Debtors”) commenced the above-captioned adversary proceedings by filing two complaints under § 506(a) and Rule 3012 to determine the value of two pieces of real property they own in Chicago, one located at 4731 South Wood Street (the “4731 Property”) and the other at 4750 South Wood Street (the “4750 Property”).1 Pursuant to § 1322(b)(2), the Debtors seek to “strip down” the unsecured portions of the first mortgage liens on these properties, which liens are held by Mutual Federal Savings and Loan…

2Cases cited18 opinions

Dewsnup v. TimmSupreme Court of the United States · 1992
Nobelman v. American Savings BankSupreme Court of the United States · 1993
Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
Lori David v. Caterpillar, IncorporatedCourt of Appeals for the Seventh Circuit · 2003
Alisha Bronk and Monica Jay v. Bernhard IneichenCourt of Appeals for the Seventh Circuit · 1995

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3Cited by1 opinion

In re SheltonUnited States Bankruptcy Court, N.D. Illinois · 2018