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§ 506(a)(1)

Montreal, Me. & Atl. Ry., In re--Wheeling & Lake Erie Ry. Co. v. Keach

Ruling
BC's finding that the creditor did not carry its burden of proof of value of claims was notclearly erroneous. (1st Cir.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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:
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 09, 2020 , LexisNexis #0620-009

Mintz, In re--Mintz v. CitiBank, NA

Ruling
Debtors were allowed to avoid judgment lien as the bank's lien impaired the homestead exemption they were allowed to claim under Ohio Rev. Code Ann. § 2329.66. (Bankr. N.D. Ohio)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Consumer opinion summary, case decided on August 17, 2018 , LexisNexis #1018-040

Jones, In re

Ruling
Court concluded that creditor's claim was subject to bifurcation as the collateral did not secure sums advanced to pay for optional gap insurance and vehicle maintenance contracts. (Bankr. W.D. Wash.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Consumer opinion summary, case decided on April 20, 2018 , LexisNexis #0518-096

Austin, In re--United States v. Austin

Ruling
Appellate panel reversed bankruptcy court's order sustaining debtors' objection to the IRS'sproof of claim after debtors failed to present substantial evidence sufficient to overcome thepresumption of the validity and amount of the IRS's proof of claim. (B.A.P. 8th Cir.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 09, 2018 , LexisNexis #0518-073

Archdiocese of St. Paul & Minneapolis, In re

Ruling
Court denied confirmation of the creditor committee's plan as it made no provisions for thesecured claims involved. (Bankr. D. Minn.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Commercial opinion summary, case decided on December 28, 2017 , LexisNexis #0218-015

Sunnyslope Hous. L.P., In re--First Southern Nat'l Bank v. Sunnyslope Hous. L.P.

Ruling
Bankruptcy court did not err in valuing an apartment complex assuming its continued use after reorganization as low-income housing. (9th Cir.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 23, 2017 , LexisNexis #0717-098

In re Boston

Ruling
Gap insurance and service contract could be considered part of car lender’s secured claim forcramdown purposes. (Bankr. W.D. Mo.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Consumer opinion summary, case decided on December 02, 2016 , LexisNexis #0117-011

In re Tamir

Ruling
Mortgage claims allowed over debtor's objection.
Issue(s)
Did creditors' supplemental filings by the three lenders, when viewed in conjunction with their original proofs of claim, constitute amended proofs of claim that could be allowed over debtor's objection?

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Consumer opinion summary, case decided on August 10, 2015 , LexisNexis #0915-047

In re Fuqua

Ruling
Chapter 13 plan confirmation denied given need to determine valuation of property near proposed confirmation date after substantial passage of time since petition date.
Issue(s)
Where two creditors objected to confirmation of debtor's chapter 13 plan, the issue was the appropriate date for determining the value of real property under 11 U.S.C.S. § 506(a)(1) in a case that was converted from chapter 7 almost two years after the initial petition date.

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Consumer opinion summary, case decided on June 10, 2015 , LexisNexis #1015-079

In re McCann

Ruling
Modification approved subject to striking of nonstandard or special provisions.
Issue(s)
Could debtor modify a chapter 13 plan to surrender a house and lot to the creditor holding a security interest in the same?

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Consumer opinion summary, case decided on October 16, 2014 , LexisNexis #1114-042