United States Eleventh Circuit
IN RE: RICHARD W. PASCHEN, 01-16353
11 U.S.C. section 1322(c)(2) permits Chapter 13 debtors to bifurcate undersecured, short-term home mortgages into secured and unsecured claims, with the unsecured claim subject to "cramdown" pursuant to 11 U.S.C. section 1325(a)(5).
Appellate Information
- Decided 07/10/2002
- Published 07/10/2002
Judges
- WILSON, Circuit Judge:, Before WILSON, HILL and ALARCON, Circuit Judges.
Court
- United States Eleventh Circuit
Counsel
- For Appellant:
- Larry W. Johnson, Morris, Schneider & Prior, L.L.C., Atlanta, GA, for Plaintiff-Appellant., D. Jean Ryan, Law Office of D. Jean Ryan, Miami, FL, for Amicus National Association of Consumer Bankruptcy Attorney.
- For Appellees:
- William A. Edwards, Columbus, GA, for Defendants-Appellees.