United States Sixth Circuit

The proper interest rate to be applied in a Chapter 13 "cram down" is the current conventional market rate used for similar loans in the region, and not necessarily the contract rate.

Appellate Information

• Argued 04/23/2002
• Decided 01/08/2003
• Published 01/08/2003

Judges

• Before DAUGHTREY and MOORE, Circuit Judges;  SIMPSON, District Judge.

Court

• United States Sixth Circuit

Counsel

• For Appellant:
  
• Lea P. Goff (argued), Stoll, Keenon & Park, Louisville, KY, Lea P. Goff (briefed), Samuel D. Hinkle, Stoll, Keenon & Park, Louisville, KY, George D. Smith, Stoll, Keenon & Park, Lexington, KY, for Appellant.


• For Appellees:
  
• Caitlin L. Decatur, Decatur & Lee, Batavia, OH, Caitlin L. Decatur, Decatur & Lee, Batavia, OH, for Appellee.