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In re Boudreaux

In re Boudreaux

Ruling
Relief from stay denied where plan would pay mortgage arrearage and bring loan current at completion.
Procedural posture

As of the date that a debtor filed her petition for relief under chapter 13, her home loan was fully accelerated because she failed to maintain the required insurance on the property. The creditor, who held a reverse mortgage executed by the debtor, filed a motion to lift the stay, and the debtor opposed the motion.

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Consumer opinion summary, case decided on February 24, 2010 , LexisNexis #0610-059