Legal Opinion
Taylor v. Federal National Mortgage Ass'n (In Re Taylor)
United States Bankruptcy Court, E.D. Pennsylvania
Decided March 1, 1989No. 19-10628PublishedCited by 17 opinions
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge.
The instant case presents a rather bold attempt by a Chapter 13 debtor who is a post-petition co-grantee of a premises to utilize 11 U.S.C. § 506(a) of the Bankruptcy Code to reduce the secured portion of a potential claim of the mortgagee of the premises against him. As this effort is fraught with pitfalls and a lack of equities in favor of the Debtor, we shall deny the relief sought.
The Debtor, CLARENCE TAYLOR, filed the underlying Chapter 13 case on March 30, 1988. On April 4, 1988, a sheriffs sale of the premises at 2736 North Reese Street,…
2Cases cited30 opinions
- Meadowbrook Investors' Group v. Thirtieth Place, Inc. (In Re Thirtieth Place, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
- In Re CromptonUnited States Bankruptcy Court, E.D. Pennsylvania · 1987
- Pennsylvania Ex Rel. Bartle v. Flick (In Re Flick)United States Bankruptcy Court, E.D. Pennsylvania · 1981
- Sinkow v. Latimer (In Re Latimer)United States Bankruptcy Court, E.D. Pennsylvania · 1988
- In Re GathrightUnited States Bankruptcy Court, E.D. Pennsylvania · 1986
25 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- First Options of Chicago, Inc. v. Kaplan (In Re Kaplan)United States Bankruptcy Court, E.D. Pennsylvania · 1993
- In Re FrickerUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
- Piedmont Trust Bank v. Linkous (In Re Linkous)District Court, W.D. Virginia · 1992
- Ulster Savings Bank v. Kizelnik (In Re Kizelnik)United States Bankruptcy Court, S.D. New York · 1995
- In Re Union Meeting PartnersUnited States Bankruptcy Court, E.D. Pennsylvania · 1993
12 more not listed; retrieve them via the Exa API.