Legal Opinion

In Re Tavern Motor Inn, Inc.

United States Bankruptcy Court, D. Vermont

Decided January 8, 1987No. 19-10076PublishedCited by 10 opinions

1Opinion of the Court

OPINION & ORDER FOR VALUATION OF SECURED CLAIM

FRANCIS G. CONRAD, Bankruptcy Judge.

ORDER

Chittenden has applied for a valuation of its secured claim. We find the amounts submitted for principal, interest, appraisals, accounting services, and court reporting to be fair and reasonable. Because we hold that once a mortgagor declares the debtor’s promissory note in default and the entire obligation due, the mortgagor’s right to add charges for the late payment of monthly installments expires, we cannot grant the Chittenden’s application for late fees incurred after the date of default. In the…

2Cases cited14 opinions

  1. In the Matter of Lhd Realty Corporation, Debtor. Appeal of National Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 1984
  2. Matter of Hamilton Hardware Co., Inc.United States Bankruptcy Court, E.D. Michigan · 1981
  3. In Re Continental Vending MacHine Corp. And Continental Apco, Inc., Debtors. James Talcott, Inc. v. Irving L. Wharton, TrusteeCourt of Appeals for the Second Circuit · 1976
  4. MACK FINANCIAL CORPORATION, Appellee, v. Dianna Marshall IRESON, Virginia Bankers Associations, Appellant. Amicus CuriaeCourt of Appeals for the Fourth Circuit · 1986
  5. In Re WHET, Inc.United States Bankruptcy Court, D. Massachusetts · 1986

9 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. In Re S.T.N. Enterprises, Inc.United States Bankruptcy Court, D. Vermont · 1987
  2. In Re WhiteUnited States Bankruptcy Court, D. Massachusetts · 1988
  3. Michael Rizzo and Louise Rizzo v. Pierce & AssociatesCourt of Appeals for the Seventh Circuit · 2004
  4. Lasalle Bank National Ass'n v. Shepherd Mall Partners, L.L.C.Court of Civil Appeals of Oklahoma · 2005
  5. O'Neill v. Dell (In Re O'Neill)United States Bankruptcy Court, E.D. Pennsylvania · 1997

5 more not listed; retrieve them via the Exa API.

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