United Carolina Bank v. Loretta A. Degolier Hall
Court of Appeals for the Fourth Circuit
1Opinion of the Court
OPINION
NIEMEYER, Circuit Judge:
Under Chapter 13 of the Bankruptcy Code, a debtor may gain approval of a debt adjustment plan that provides for the debtor’s retaining possession of property securing a loan, despite the objections of the secured creditor, through a “cram down” provision. The “cram down” provision permits the bankruptcy court to approve distribution to the secured creditor of future installment payments equivalent in value to the securing property in lieu óf distribution of the property itself. 11 U.S.C. § 1325(a)(5)(B). In determining what amount of installment payments will…
2Cases cited9 opinions
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Memphis Bank & Trust Company v. Linda Gail WhitmanCourt of Appeals for the Sixth Circuit · 1982
- In Re Bryson Properties, Xviii, Debtor. Travelers Insurance Company v. Bryson Properties, XviiiCourt of Appeals for the Fourth Circuit · 1992
- United States v. Dennis Edward Doud and Cheryl Ann DoudCourt of Appeals for the Eighth Circuit · 1989
- In Re Clarence L. (i.o.) Hardzog Katy Lou Hardzog, Debtors. Clarence L. (i.o.) Hardzog Katy Lou Hardzog v. The Federal Land Bank of WichitaCourt of Appeals for the Tenth Circuit · 1990
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3Cited by61 opinions
- General Motors Acceptance Corporation v. Alphonso Jones, Debtor, Robert M. Wood, TrusteeCourt of Appeals for the Third Circuit · 1993
- In Re Cellular Information Systems, Inc.United States Bankruptcy Court, S.D. New York · 1994
- Green Tree Financial Servicing Corp. v. SmithwickCourt of Appeals for the Fifth Circuit · 1997
- In Re River Village AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1993
- Carvalho v. Federal National Mortgage Ass'nCourt of Appeals for the First Circuit · 2003
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