In Re Larios
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
JOHN H. SQUIRES, Bankruptcy Judge.
This matter comes before the Court on the motion to modify the automatic stay and on the objection of West Suburban Bank (the “Bank”) to confirmation of the Chapter 13 plan of John Larios and Helen Larios (the “Debtors”). For the following reasons, the Bank’s objection is overruled and the motion to modify the stay is continued to the confirmation hearing. At issue is whether the Bank’s claim can be bifurcated into secured and unsecured components and modified under 11 U.S.C. § 506(a) and 11 U.S.C. § 1322(b)(2).
I. JURISDICTION AND PROCEDURE
Th…
2Cases cited24 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- Lomas Mortgage, Inc. v. Esperandieu & Antonine LouisCourt of Appeals for the First Circuit · 1996
- Domestic Bank v. Mann (In Re Mann)Bankruptcy Appellate Panel of the First Circuit · 2000
- Bartee v. Tara Colony Homeowners Ass'n (In Re Bartee)Court of Appeals for the Fifth Circuit · 2000
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