In re Adejobi

Ruling: 
Creditor entitled to contract default rate of interest pursuant to underlying agreement.
Procedural posture: 
A chapter 13 debtor filed a motion to reduce a secured creditor's proof of claim for pre-petition arrears at a contractual default interest rate.
Issue: 
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Consumer case opionion summary, case decided on April 29,2009, LexisNexis #0709-060