Legal Opinion

Minnesota Housing Finance Agency v. Schmidt (In Re Schmidt)

Court of Appeals for the Eighth Circuit

Decided August 28, 2014No. 13-2447PublishedCited by 10 opinions

1Opinion of the Court

COLLOTON, Circuit Judge.

Jamey and Keeley Schmidt filed for bankruptcy under Chapter 13 of the bankruptcy code. Chapter 13 allows individuals with regular income to adjust then-debts through flexible repayment plans funded primarily from future income. See 8 Collier on Bankruptcy ¶ 1322.01 (Alan N. Resnick & Henry J. Sommer, eds., 16th ed.2013).

The bankruptcy court generally has authority to approve a debtor’s Chapter 13 plan that modifies the rights of creditors. A plan may modify the rights of holders of unsecured claims; it also may modify the rights of holders of secured claims, “other…

2Cases cited13 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Dewsnup v. TimmSupreme Court of the United States · 1992
  3. Nobelman v. American Savings BankSupreme Court of the United States · 1993
  4. In Re Stephen J. McdonaldCourt of Appeals for the Third Circuit · 2000
  5. Hagen v. UtahSupreme Court of the United States · 1994

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3Cited by10 opinions

  1. Davis v. Springleaf Financial Services, Inc. (In re Davis)United States Bankruptcy Court, S.D. Georgia · 2015
  2. In re GarciaUnited States Bankruptcy Court, D. New Mexico · 2014
  3. In re BrownUnited States Bankruptcy Court, D. Minnesota · 2015
  4. In re MayerUnited States Bankruptcy Court, E.D. Louisiana · 2015
  5. Deborah L. DorlaqueUnited States Bankruptcy Court, E.D. Missouri · 2024

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