In re Wimmer
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
Chapter 13
MEMORANDUM DECISION DENYING CONFIRMATION AND DISMISSING CASE
CECELIA G. MORRIS, CHIEF UNITED STATES BANKRUPTCY JUDGE
Chapter 13 Debtors filed a motion to avoid hens, heard in conjunction with confirmation of the Debtors’ chapter 13 plan, that sought to bifurcate and cram down a first mortgage while avoiding a wholly unsecured second mortgage. Debtors proposed to pay the contractual rate of interest rather than the rate of interest prescribed in Till v. SCS Credit Corp., 541 U.S. 465, 124 S.Ct. 1951, 158 L.Ed.2d 787 (2004). Debtors sought to pay the value of the collateral over the…
2Cases cited49 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
- Exxon Mobil Corp. v. Allapattah Services, Inc.Supreme Court of the United States · 2005
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
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