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§ 1322(b)(2)

In re Ball

Ruling
Wholly unsecured second HUD mortgage lien could be avoided upon successful completionof plan. (Bankr. N.D. Ill.)
Issue(s)
Contents of Plan; Discretionary Provisions; Modification of Claimholders’ Rights.

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Consumer opinion summary, case decided on August 05, 2016 , LexisNexis #1116-033

In re Denaro

Ruling
Debtors could modify loan that was secured solely by their manufactured home and not theland on which it was placed. (Bankr. W.D.N.Y.)
Issue(s)
Could debtors modify loan secured by their manufactured home?

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Consumer opinion summary, case decided on August 05, 2016 , LexisNexis #0916-064

Sithole v. Redstone Fed. Credit Union (In re Bevin Sithole SSN XXX-XX-3690)

Ruling
Second mortgage on residence being rebuilt after tornado was partially secured and could not be avoided.
Issue(s)
Could second mortgage on residence being rebuilt after a tornado be avoided?

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Commercial opinion summary, case decided on July 01, 2016 , LexisNexis #0716-114

In re Cooper

Ruling
Debtor could not avoid either of two liens on property where there was at least one dollar ofvalue in excess of the second lien. (Bankr. E.D.N.C.)
Issue(s)
Contents of Plan; Discretionary Provisions; Modification of Claimholders’ Rights.

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Consumer opinion summary, case decided on June 08, 2016 , LexisNexis #1116-131

In re Pittman

Ruling
Plan treating tax sale purchaser's right to payment of redemption amount as secured claim could be confirmed.
Issue(s)
Could a chapter 13 plan treat a tax sale purchaser's right to payment of redemption amount as a secured claim to be paid pursuant to the terms of the plan?

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Consumer opinion summary, case decided on May 06, 2016 , LexisNexis #0616-030

In re Wilson

Ruling
Partially secured second mortgage on debtor's principal residence could not be modified.
Issue(s)
Could chapter 13 debtor modify a second mortgage on debtor's primary residence that was allegedly unsecured?

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Consumer opinion summary, case decided on May 05, 2016 , LexisNexis #0616-029

In re Brooks

Ruling
Debtor could not modify creditor's security interest in debtor's residence in a multi-family property.
Issue(s)
Whether the statutory protection given to secured creditors under 11 U.S.C.S. § 1322(b)(2) applies to a security interest in real property that is a debtor's principal residence, if that residence happens to be a multi-family home with income potential.

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Consumer opinion summary, case decided on April 15, 2016 , LexisNexis #0516-062

DiMauro v. Wilmington Trust Co. (In re DiMauro)

Ruling
Petition date was the operative date for determining the value of the debtors' home.
Issue(s)
What is the proper date for valuing residential property for the purpose of determining whether a junior mortgage is completely unsecured and thus subject to strip-off under § 1322(b)(2)?

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Consumer opinion summary, case decided on April 14, 2016 , LexisNexis #0516-063

In re Snowden

Ruling
Debtor could modify mortgage that was secured by multiple parcels of property and not solely secured by property that was debtor's primary residence.
Issue(s)
Could debt secured by multiple parcels of property, including a parcel on which debtor's primary residence was located, be modified?

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Consumer opinion summary, case decided on February 12, 2016 , LexisNexis #0316-029

Etheridge v. CitiMortgage Inc. (In re Etheridge)

Ruling
State property law could be applied to allow settlement avoiding underwater second lien on debtor's property despite anti-modification provision of § 1322 (b)(2).
Issue(s)
Could second lien on debtor's property be avoided in settlement?

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Consumer opinion summary, case decided on January 28, 2016 , LexisNexis #0416-096