Vanegas v. Windsor Federal Savings & Loan Ass'n (In re Vanegas)

MEMORANDUM OF DECISION

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I

The matter before the court in this Chapter 7 case is the objection of Marian T. Vanegas, the debtor, filed on September 19, 2002, to an unsecured proof of claim, filed on November 27, 2000, by Windsor Federal Savings and Loan Association (“the Bank”). The debtor contends, and the Bank denies, that the claim should be reduced from $51,171 to $6,000 in light of the following circumstances established at a hearing held on November 19, 2002.1

II

The debtor, on June 22, 1988, executed and delivered a mortgage and a mortgage *192note for…