The Paddock, LLC v. Bennett (In re Bennett), 584 B.R. 15 (8th Cir. B.A.P. 2018) –
The debtors proposed a chapter 13 plan that modified the rights of a creditor whose claim was secured by their manufactured home. The creditor objected on the grounds that its claim was covered by the prohibition on modifying a mortgage secured by a debtor’s principal residence. The bankruptcy court confirmed the plan and the lender appealed. Continue reading
In re Gawker Media LLC, 581 B.R. 754 (Bankr. S.D.N.Y. 2017) –
A purchaser of substantially all of the debtors’ assets sought to enforce the “free and clear” language in the bankruptcy court sales order by asking the bankruptcy court to require third parties to dismiss their state court claims against the purchaser. Continue reading
In re Chase Monarch Int’l. Inc., 581 B.R. 715 (Bankr. D Puerto Rico 2017) –
A landlord sought immediate surrender of commercial leased premises on the basis that the lease was terminated prior to bankruptcy so that the debtor had no interest in the premises and they did not become part of the bankruptcy estate. The debtor objected on several grounds. Continue reading
In re Mejia, 576 B.R. 464 (Bankr. S.D.N.Y. 2017) –
A chapter 7 debtor sought bankruptcy court approval to sell property in a section 363 sale. The trustee filed an untimely objection on the grounds that a chapter 7 debtor must sell abandon property outside of bankruptcy and cannot use section 363 of the Bankruptcy Code. Continue reading
Kohout v. Nationstar Mortgage, LLC, 576 B.R. 290 (N.D.N.Y. 2017) –
Chapter 13 debtors sought to avoid a mortgage lien after the claim was disallowed on procedural grounds. The bankruptcy court found in favor of the mortgagee and the debtors appealed to the district court. The matter turned on interpretation of section 506(d) of the Bankruptcy Code regarding liens securing claims that are not allowed secured claims. Continue reading
Encore Assets, LLC v. Woodley (In re Woodley), 579 B.R. 630 (Bankr. N.D. Ga. 2017) –
A chapter 13 debtor proposed to pay a prepetition property tax sale purchaser the statutory redemption amount over time. The purchaser objected, contending that the debtor could not modify the statutory payment terms. Continue reading
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