In Re Sharon E. Kerwin, Debtor, First Brandon National Bank v. Sharon E. Kerwin, Jan M. Sensenich, Trustee
Court of Appeals for the First Circuit
1Opinion of the Court
CARDAMONE, Circuit Judge:
Sharon Kerwin is a farmer. She borrowed money from the First Brandon National Bank in Vermont, mortgaging her farm as collateral. Later, unable to carry the heavy debt load, she filed for chapter 12 bankruptcy protection and submitted a plan that would give the bank a portion of her farmland — which was appraised as of sufficient value — in full satisfaction of the bank’s se- . cured claim against her. The bankruptcy court approved the plan, and the district court affirmed, directing that the bank’s lien on the property Kerwin retained be removed.
First Brandon…
2Cases cited11 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- In Re OwensUnited States Bankruptcy Court, E.D. Arkansas · 1990
- Patterson v. Federal Land Bank (In Re Patterson)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1988
- First Brandon National Bank v. Kerwin-WhiteDistrict Court, D. Vermont · 1990
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- In Re SpanoUnited States Bankruptcy Court, D. Connecticut · 1993
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