U.S. Rural Housing & Community Development Service (RECDS) v. Loper (In Re Loper)
District Court, D. Vermont
1Opinion of the Court
OPINION AND ORDER
SESSIONS, District Judge.
This is an appeal from an order of the Bankruptcy Judge granting the Lopers’ Motion for Summary Judgment (and denying RECDS’ Motion for Partial Summary Judgment, as that order related to the treatment of RECDS’ mortgage lien on the Lopers’ principal residence). See Second Amended Order, dated July 15, 1998 in Appellants’ Appendix at 541-542. The sole issue on appeal is whether the Bankruptcy Court was correct in holding that the Lopers could “strip down” RECDS’ secured claim to the current fair market value of the real and personal property serving as…
2Cases cited23 opinions
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- Frank and Arlene Wilson v. Commonwealth Mortgage CorporationCourt of Appeals for the Third Circuit · 1990
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