Salmeron v. One West Bank (In re Salmeron)
May
04
2010
Ruling
Debtor could not reduce value of lien secured by property that was debtor's primary residence on petition date.
Procedural posture
A chapter 13 debtor filed a motion to determine the extent of a secured lien and status of debt under 11 U.S.C.S. § 506. She sought to reduce the value of a secured lien against her property. A creditor, as holder of the lien, opposed the motion on the grounds that 11 U.S.C.S. § 1322(b) barred the debtor from altering its secured claim through her plan.
ABI Membership is required to access the full summary of Salmeron v. One West Bank (In re Salmeron) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: