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§ 1322(b)(2)

In re Anderson

Ruling
Plan could not propose to pay pre-default rate of interest on post-petition home mortgage debt.
Issue(s)
Could plan proposing to pay predefault rate of interest on home mortgage debt be confirmed?

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Consumer opinion summary, case decided on September 05, 2014 , LexisNexis #1014-066

Minnesota Hous. Fin. Agency v. Schmidt (In re Schmidt)

Ruling
Chapter 13 plan reclassifying third mortgage claim as unsecured and avoidable affirmed.
Issue(s)
Whether the debtor could strip off a third mortgage that is secured only by the debtor's principal residence and the value of the residence is insufficient to make whole the holders of the first and second mortgages?

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 28, 2014 , LexisNexis #0914-131

In re Dekoning

Ruling
Junior lien could not be treated as unsecured based on fair market value of property.
Issue(s)
Whether a bank's junior lien was wholly unsecured and could be treated as a general unsecured claim in debtors' chapter 13 plan.

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Consumer opinion summary, case decided on August 27, 2014 , LexisNexis #0914-132

Abdosh v. IndyMac Mortg. Corp. (In re Abdosh)

Ruling
Debtors could not bifurcate claim secured by mortgage lien on primary residence into secured and unsecured claims.
Issue(s)
Could debtors bifurcate a partially secured claim against their residence into secured and unsecured portions?

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Consumer opinion summary, case decided on July 30, 2014 , LexisNexis #0914-030

In re Smith

Ruling
Debtor's plan could not strip off second lien that retained in rem viability under state law.
Issue(s)
Whether a provision in debtor's chapter 13 plan can be confirmed when it proposes to extinguish a wholly unsecured junior lien on her residence?

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Consumer opinion summary, case decided on July 23, 2014 , LexisNexis #0814-100

Alexander v. JPMorgan Chase Bank (In re Alexander)

Ruling
Debtors could avoid second mortgage where first mortgage debt was greater than the value of the debtors' residence.
Issue(s)
Was second lien on debtor's residence subject to being stripped off based on value of property?

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Consumer opinion summary, case decided on July 23, 2014 , LexisNexis #0814-099

In re Cain

Ruling
Bankruptcy court erred in holding that debtor could not strip off wholly unsecured mortgage on primary residence in a chapter 13 case filed four years after a chapter 7 discharge.
Issue(s)
Whether a debtor may strip off a wholly unsecured, inferior mortgage lien on the debtor's primary residence in a chapter 13 case filed less than four years after having received a chapter 7 discharge.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on July 14, 2014 , LexisNexis #0814-065

Bradshaw v. Asset Ventures LLC (In re Bradshaw)

Ruling
Debtor could modify security interest in escrow account asserted in deed of trust.
Issue(s)
Could chapter 13 debtor modify a security interest in an escrow account asserted in a deed of trust?

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Consumer opinion summary, case decided on June 04, 2014 , LexisNexis #0814-031

In re Abrego

Ruling
Debtor was not precluded from modifying claim secured by debtor's principal residence that was a multi-family property.
Issue(s)
Was a loan secured by a mortgage on debtors' residence that was also partially used for rental purposes subject to modification?

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Consumer opinion summary, case decided on March 25, 2014 , LexisNexis #0414-135

In re Bell

Ruling
Debtors allowed to modify plan to surrender home.
Issue(s)
Could debtors modify plan to provide for surrender of primary residence.

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Consumer opinion summary, case decided on December 31, 2013 , LexisNexis #0114-096