Legal Opinion

In Re Schum

United States Bankruptcy Court, N.D. Texas

Decided March 23, 1990No. 19-30783PublishedCited by 23 opinions

1Opinion of the Court

MEMORANDUM OPINION

HAROLD C. ABRAMSON, Bankruptcy Judge.

The present dispute concerns the treatment of a lien on a debtor’s principal residence under a Chapter 13 plan of reorganization.

The court finds that this matter is a core proceeding under 28 U.S.C. § 157(a), (b)(2)(B), (G) and (L) and concludes that as a matter of law, a Chapter 13 plan may not alter the secured claim of a holder of a claim secured only by the principal residence of the debtor by valuation of the collateral under 11 U.S.C. § 506(a) (1979).

FACTS

On October 11, 1985, the Debtor David Allen Schum, executed an Adjustable Rate…

2Cases cited11 opinions

  1. 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
  2. In the Matter of Benny L. ROACH and Edith Roach, AppellantsCourt of Appeals for the Third Circuit · 1987
  3. Ronald E. Grubbs v. Houston First American Savings AssociationCourt of Appeals for the First Circuit · 1984
  4. Escondido Mutual Water Co. v. La Jolla Band of Mission IndiansSupreme Court of the United States · 1984
  5. In Re SimpkinsUnited States Bankruptcy Court, E.D. Tennessee · 1982

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

3Cited by23 opinions

  1. In Re Danny L. Hart and Joanne E. Hart, Debtors. Eastland Mortgage Co. v. Danny L. Hart and Joanne E. HartCourt of Appeals for the Tenth Circuit · 1991
  2. In Re Anna S. Litton, Debtor. Anna S. Litton, Debtor-Appellant v. Wachovia Bank, Creditorappellee, Jo S. Widener, Trustee-AppelleeCourt of Appeals for the Fourth Circuit · 2003
  3. In Re JonesUnited States Bankruptcy Court, E.D. Michigan · 1993
  4. Nobelman v. American Savings Bank (In Re Nobelman)District Court, N.D. Texas · 1991
  5. Wright v. C & S Family Credit, Inc. (In Re Wright)United States Bankruptcy Court, N.D. Georgia · 1991

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

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