Bullard v. Hyde Park Sav. Bank (In re Bullard)
May
24
2013
Ruling
Confirmation denied as debtor could not reduce secured claim and also pay the claim outside of plan term.
Procedural posture
Chapter 13 debtor appealed the order of the United States Bankruptcy Court for the District of Massachusetts that denied confirmation of his third amended chapter 13 plan. Appellee creditor held a mortgage on the debtor's residential real estate as security for repayment of a promissory note. The plan proposed to bifurcate the creditor's secured claim under 11 U.S.C.S. § 506(a).
ABI Membership is required to access the full summary of Bullard v. Hyde Park Sav. Bank (In re Bullard) 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