- 11 U.S.C.
First Natl Bank v. Woods (In re Woods)
Feb
27
2012
Ruling
Chapter 12 plan confirmed over objection to inclusion of construction loan in debt calculation, interest rate and term of plan.
Procedural posture
Debtors proposed a chapter 12 plan which provided for repayment of appellant creditor secured by the debtors' farm property by making monthly payments and a balloon payment after the term of the plan expired, with an interest rate determined by formula. The creditor appealed the order of the U.S. Bankruptcy Court for the District of Colorado which confirmed the debtors' plan.
ABI Membership is required to access the full summary of First Natl Bank v. Woods (In re Woods) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
:
Judge or Jurisdiction information not available