In re Morales
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
Chapter 13
MEMORANDUM DECISION DENYING MOTION TO APPROVE LOAN MODIFICATION AND REDUCE CLAIM IN PART AND GRANTING IN PART
CECELIA G. MORRIS, CHIEF UNITED STATES BANKRUPTCY JUDGE
Debtors filed a motion to approve a loan modification based on a Home Affordable *215Modification Program trial plan. The proposed order includes language that would reduce the mortgagee’s bankruptcy claim to zero. The mortgagee objects to the claim provision in the order, arguing that the HAMP trial modification does not create a basis for altering its secured claim. The Court agrees with the mortgagee and strikes the claim…
2Cases cited21 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- Travelers Casualty & Surety Co. of America v. Pacific Gas & Electric Co.Supreme Court of the United States · 2007
- Raleigh v. Illinois Department of RevenueSupreme Court of the United States · 2000
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