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In re Coyle

In re Coyle

Ruling
Undersecured loan secured by debtor’s residence and other property at the time it was issuedcould be bifurcated. (Bankr. D. Conn.)
Issue(s)
At what point in time does a court determine the collateral that secures the creditor's claim—at the time of the loan transaction or at the time the debtor files its bankruptcy case?

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Consumer opinion summary, case decided on September 30, 2016 , LexisNexis #1016-137