- 11 U.S.C.
In re Latimer
Oct
27
2008
Ruling
Undersecured mortgage claim could be bifurcated.
Procedural posture
The debtors filed a chapter 13 plan which proposed to bifurcate their mortgage into an allowed secured claim and an unsecured claim. In furtherance of the plan, the debtors filed a motion, pursuant to 11 U.S.C.S. § 506(a)(1), for the court to determine the secured status of the mortgage. The creditor opposed the motion.
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Court
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