- 11 U.S.C.
Drive Fin. Servs. LP v. Jordan
Mar
12
2008
Ruling
Till case remains binding precedent under BAPCPA regarding application of prime-plus interest rate.
Procedural posture
Appellant creditor sought a direct appeal under 28 U.S.C.S. § 158(d)(2) of orders of the United States Bankruptcy Court for the Eastern District of Texas amending and confirming a chapter 13 bankruptcy plan submitted by appellee debtors, which provided for interest on the creditor's secured claim on the debtors' truck at a "prime-plus" interest rate pursuant to the cram down provision of 11 U.S.C.S. § 1325(a)(5)(B).
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Court
:
Judge or Jurisdiction information not available