- 11 U.S.C.
Pawtucket Credit Union v. Picchi (In re Picchi)
Apr
11
2011
Ruling
Bankruptcy court properly held that debtor could modify rights of mortgagee in two-family home.
Procedural posture
Creditor was the holder of a claim secured by a second mortgage against appellee debtor's two-family home. Debtor's Plan, which modified the creditor's rights as a mortgagee, was confirmed by the U.S. Bankruptcy Court for the District of Rhode Island. The creditor appealed, asserting that the bankruptcy court erred in concluding that 11 U.S.C.S. § 1322(b)(2) permitted a debtor to modify the rights of a mortgagee in a two-family home.
ABI Membership is required to access the full summary of Pawtucket Credit Union v. Picchi (In re Picchi) 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