In re Turcotte

MEMORANDUM OPINION DENYING CONFIRMATION OF THE DEBTORS’ PLAN OF REORGANIZATION DATED APRIL 19, 2017 WITHOUT PREJUDICE TO FILING AN AMENDED PLAN

Jeff Bohm, United States Bankruptcy Judge

I. Introduction

This case presents the narrow of issue of what interest rate is appropriate in a Chapter 13 plan for a secured creditor who will be paid on a cramdown basis. There is no question that the Supreme Court’s holding in Till v. SCS Credit Corp., 541 U.S. 465, 124 S.Ct. 1951, 158 L.Ed.2d 787 (2004), governs this dispute. However, there is disagreement in this District about the application of Till, and…