§ 1225(a)(5)(B)

Fuelling, In re

Ruling: 
Debtors' motion to use cash collateral was denied because a substitute lien in entirelydifferent collateral carried with it different risks than the lien for which creditor hadbargained. (Bankr. N.D. Iowa)
ABI Membership is required to access the full summary of Fuelling, In re. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on May 01,2019, LexisNexis #0719-045

In re Howe Farms LLC

Ruling: 
Confirmation of plan proposing cram down of interest rate and payment of loan as long-term debt with twelve-year amortization and seven-year balloon payment denied.
ABI Membership is required to access the full summary of In re Howe Farms LLC. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on October 16,2014, LexisNexis #1114-057

In re Standley

Debtors filed a petition under chapter 12 of the Bankruptcy Code and proposed a plan for paying their creditors. After the debtors failed to make a payment that was due under their original plan, they filed an amended plan and asked the court to confirm their amended plan. Two banks that held claims against the debtors' property filed a motion to dismiss the debtors' case and an objection to confirmation of the debtor's second amended plan.
Ruling: 
Confirmation denied as proposed term of payment was too long.
ABI Membership is required to access the full summary of In re Standley. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on March 22,2013, LexisNexis #0413-134

In re Bolender

In a chapter 12 case, a bank objected to confirmation of the debtor's plan. The parties disputed the appropriate interest rate under 11 U.S.C.S. § 1225(a)(5)(B)(ii).
Ruling: 
Till rate of interest was appropriate in chapter 12 plan.
ABI Membership is required to access the full summary of In re Bolender. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on July 20,2011, LexisNexis #0911-096

In re Hudson

Debtors declared chapter 12 bankruptcy in October 2008, and they filed an amended plan for repaying their creditors and asked the court for permission to utilize funds held by the bankruptcy trustee and to incur credit. A secured creditor filed an objection to confirmation of the debtors' amended plan.
Ruling: 
Chapter 12 plan confirmed as feasible given property and commitment from supplier to provide poultry.
ABI Membership is required to access the full summary of In re Hudson. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on March 15,2011, LexisNexis #0511-028

In re Wilson

Two cases were filed, one by two individual debtors and one by an LLC. Pending in the jointly administered chapter 12 bankruptcy cases were confirmation of debtors'chapter 12 Plans and objections thereto filed by two creditors, namely a revocable trust and a second creditor. Also pending was debtors' motion for valuation of the second creditor's security. The trust also sought dismissal. A separate Order addressed its judicial notice request.
Ruling: 
Confirmation denied due to farmer debtor's failure to provide creditor trust with interest at prime rate plus risk factor.
ABI Membership is required to access the full summary of In re Wilson. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Subscribe to § 1225(a)(5)(B)