Bankr. No.:
99-40740
Chapter:
13
Date of Decision:
November 12, 1999
Issue:
On what date is a creditor's collateral assessed for the application of ยง 1322(b)(2), which prohibits a Chapter 13 debtor from modifying the rights of a creditor whose only security is the debtor's principal residence?
Ruling:
Section 1322(b)(2) is applied on the petition date to assess what collateral a secured creditor has.
Full Bankruptcy Court Decision: