- 11 U.S.C.
In re Yelverton
May
21
2007
Ruling
Secured creditor entitled to interest payments at Till rate.
Procedural posture
The debtors filed for relief under chapter 13 and submitted a proposed plan. The creditor objected to the plan, as amended, because the debtor proposed that the creditor receive the interest rate of 7.2% as provided for in the contract between one of the debtors and the creditor. The creditor sought interest at the prime rate of 8.25% plus a 1% adjustment.
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Court
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