Legal Opinion
In Re Shaver
United States Bankruptcy Court, S.D. Ohio
Decided June 26, 1985No. Bankruptcy 2-85-00491PublishedCited by 1 opinion
1Opinion of the Court
ORDER DENYING CONFIRMATION
G.L. PETTIGREW, Bankruptcy Judge.
This matter is before the Court on the objection to confirmation of the debtors’ Chapter 13 Plan by Associates Financial Services Corporation (Associates). For the reasons set forth below, the Court sustains the objection.
On February 16, 1983 Ora and Karen Shaver, the debtors, signed a promissory note with Associates to borrow $7,100 at an annual percentage rate of 21% and to be paid in monthly installments of $192.07 each. The principal amount due on the loan is $5,567.82. A second mortgage on debtors’ principal residence secured the…
2Cases cited4 opinions
- In Re Joseph C. Taddeo and Ellen A. Taddeo, Debtors. Elfriede Di Pierro v. Joseph C. Taddeo and Ellen A. Taddeo and Richard J. McCord Interim TrusteeCourt of Appeals for the Second Circuit · 1982
- Ronald E. Grubbs v. Houston First American Savings AssociationCourt of Appeals for the First Circuit · 1984
- In re ClarkCourt of Appeals for the Seventh Circuit · 1984
- In Re RorieUnited States Bankruptcy Court, S.D. Ohio · 1985
3Cited by1 opinion
- In Re BradshawDistrict Court, S.D. Ohio · 1985