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Legal Opinion

In Re Hudock

United States Bankruptcy Court, N.D. Illinois

Decided March 8, 1991No. 19-02425PublishedCited by 22 opinions

1Opinion of the Court

MEMORANDUM OPINION

RONALD S. BARLIANT, Bankruptcy Judge.

The Debtor in this chapter 13 case objected to the secured claim of Ford Motor Credit Company. The parties agree that the amount of the secured claim that should be allowed is $6,500. The disputed issue raised by the objection is the appropriate discount rate that should be applied to determine the present value of the payments to be made under the Debtor’s plan on Ford’s allowed secured claim. Under section 1325(a)(5)(B)(ii) of the United States Bankruptcy Code, that present value must be at least $6,500, the amount of the allowed…

2Cases cited6 opinions

  1. Memphis Bank & Trust Company v. Linda Gail WhitmanCourt of Appeals for the Sixth Circuit · 1982
  2. In Re Camino Real Landscape Maintenance Contractors, Inc., Debtor. United States of America v. Camino Real Landscape Maintenance Contractors, Inc., in Re Hadrian Construction, Inc., Debtor. United States of America v. Hadrian Construction, Inc., in Re Armour Oil Company, Debtor. United States of America v. Armour Oil CompanyCourt of Appeals for the Ninth Circuit · 1987
  3. In Re FisherUnited States Bankruptcy Court, D. Kansas · 1983
  4. General Motors Acceptance Corp. v. Willis (In Re Willis)United States Bankruptcy Court, N.D. Illinois · 1980
  5. In Re ShannonDistrict Court, S.D. Ohio · 1989

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3Cited by22 opinions

  1. United Carolina Bank v. Loretta A. Degolier HallCourt of Appeals for the Fourth Circuit · 1993
  2. In Re Bloomingdale PartnersUnited States Bankruptcy Court, N.D. Illinois · 1993
  3. Matter of JordanUnited States Bankruptcy Court, D. New Jersey · 1991
  4. In Re HarkoBankruptcy Appellate Panel of the Second Circuit · 1997
  5. Laura Rankin David Rankin Stacy Johnson Alice Bonacci v. Samuel M. Desarno Alice Desarno County of Allegheny Penn Hills School District. Gary J. Gaertner, Trustee. County of Allegheny and Penn Hills School District, Laura Rankin David Rankin Stacy Johnson Alice Bonacci v. Samuel M. Desarno Alice Desarno County of Allegheny Penn Hills School District. Gary J. Gaertner, Trustee. Stacy Johnson, County of Allegheny Penn Hills School District v. Samuel M. Desarno Alice Desarno. Gary J. Gaertner, Esquire, TrusteeCourt of Appeals for the Third Circuit · 1996

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