Bankr. No.:
94-10050
Chapter:
12
Date of Decision:
March 3, 1995
Issue:
What is the reasonable amount of fees and costs to which a fully secured creditor is entitled under § 506(b)?
Ruling:
The Court held the fully secured creditor was entitled to $2,020.25 as reasonable fees and costs under § 506(b). The attorney's fees sought were reduced slightly since the creditor's attorney had used a minimum billing increment of .25 of an hour rather than listing the actual time spent on each service.
Full Bankruptcy Court Decision: