Ameriquest Mortgage Co. v. Leary (In re Leary)

RULING ON MOTION TO VACATE ORDER SUSTAINING OBJECTION TO CLAIM

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I

The court, on October 2, 2001, after proper notice and a hearing, sustained an objection of Walter J. Leary, Jr., the debt- or in this Chapter 13 case, to the proof of claim filed by Ameriquest Mortgage Company (“the creditor”). By so doing, the court reduced both the creditor’s arrear-age claim on a mortgage which it holds on the debtor’s residence from $34,079.95 to $28,465.13, and the mortgage principal balance from $88,461.03 to $82,518.44. These reductions were based upon the…