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Legal Opinion

Matter of Jordan

United States Bankruptcy Court, D. New Jersey

Decided July 29, 1991No. 19-11810PublishedCited by 27 opinions

1Opinion of the Court

OPINION

JUDITH H. WIZMUR, Bankruptcy Judge.

In these two unrelated chapter 13 cases, the issue presented is the appropriate interest rate to be applied to the allowed secured claim of the secured creditor under 11 U.S.C. § 1325(a)(5)(B)(ii). In each case, the debtor proposes to retain a motor vehicle and to pay to the secured creditor the value of the vehicle over the term of the chapter 13 plan, with ten percent interest. In both cases, the secured creditor is General Motors Acceptance Corporation.

DISCUSSION

Observers have noted that “[f]ew bankruptcy issues have met with as much confusion as…

2Cases cited30 opinions

  1. Memphis Bank & Trust Company v. Linda Gail WhitmanCourt of Appeals for the Sixth Circuit · 1982
  2. 12 Collier bankr.cas.2d 323, Bankr. L. Rep. P 70,286 in Re Monnier Brothers, a Partnership, Alan Dale Monnier and Janice Irene Monnier Thomas Richard Monnier and Bonnie Lavonne Monnier, Debtors. Prudential Insurance Company of America v. Alan Dale Monnier, Janice Irene Monnier, Thomas Richard Monnier and Bonnie Lavonne Monnier, in Re Monnier Brothers, a Partnership, Alan Dale Monnier and Janice Irene Monnier Thomas Richard Monnier and Bonnie Lavonne Monnier, Debtors. Prudential Insurance Company of America v. Alan Dale Monnier, Janice Irene Monnier, Thomas Richard Monnier and Bonnie Lavonne MonnierCourt of Appeals for the Eighth Circuit · 1985
  3. In the Matter of Southern States Motor Inns, Inc., Debtor. United States of America v. Southern States Motor Inns, Inc.Court of Appeals for the Eleventh Circuit · 1983
  4. United States v. Neal Pharmacal CompanyCourt of Appeals for the Eighth Circuit · 1986
  5. Matter of CrockettUnited States Bankruptcy Court, N.D. Illinois · 1980

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3Cited by27 opinions

  1. General Motors Acceptance Corporation v. Alphonso Jones, Debtor, Robert M. Wood, TrusteeCourt of Appeals for the Third Circuit · 1993
  2. United Carolina Bank v. Loretta A. Degolier HallCourt of Appeals for the Fourth Circuit · 1993
  3. In Re River Village AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1993
  4. In Re DeMaggioUnited States Bankruptcy Court, D. New Hampshire · 1994
  5. In Re Oaks Partners, Ltd.United States Bankruptcy Court, N.D. Georgia · 1991

22 more not listed; retrieve them via the Exa API.

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