In Re Oak Park Calabasas Condominium Ass'n

MEMORANDUM OF OPINION ON CONFIRMATION OF DEBTOR’S PLAN [11 U.S.C. § 1129(a)(7)]

GERALDINE MUND, Bankruptcy Judge.

I. INTRODUCTION.666

II. “BEST INTEREST OF CREDITORS” RULE — 11 U.S.C. § 1129(a)(7).667

A. The Value on the Effective Date of What ECC Will Receive or Retain Under the Plan .667

B. The Value that ECC Would Receive or Retain if the Debtor Were Liquidated Under Chapter 7 on the Effective Date . GO ÍO

1. Recoveries from the Estate. GO <CO ÍO

2. The Value of What ECC Would Retain After Liquidation_ U3 CO ÍO

a. Power of the HOA Board to Assess. 05 <105 CO

b. Using Court Process to Collect. O CD

c.…