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Ch 11: how are adequate protection payments applied?
I remember the case name *In re Weinstein* for an answer to this question.
Rushing out so I don't have time for more though I found the case in my
inbox and attach it here (post-petition payments get applied to secured
portion). Shepardize it.
WE DO NOT ACCEPT SERVICE BY EMAIL UNLESS WE HAVE AGREED TO ACCEPT IT IN
WRITING.
Giovanni Orantes, Esq.*
Orantes Law Firm, P.C.
3435 Wilshire Blvd. Suite 2920
Los Angeles, CA 90010
Tel: (213) 389-4362
Fax: (877) 789-5776
e-mail: go@gobklaw.com
website: www.gobklaw.com
**Certified Bankruptcy Specialist, State Bar of California, Board of Legal
Specialization*
*Board Certified - Business Bankruptcy Law - American Board of Certification
*Board Certified - Consumer Bankruptcy Law - American Board of Certification
Commercial Litigation
Estate Planning
Outside General Counsel
WE ARE A "DEBT RELIEF AGENCY" AS DEFINED BY FEDERAL LAW.
I remember the case name In re Weinstein for an answer to this question. Rushing out so I don't have time for more though I found the case in my inbox and attach it here (post-petition payments get applied to secured portion). Shepardize it.-- WE DO NOT ACCEPT SERVICE BY EMAIL UNLESS WE HAVE AGREED TO ACCEPT IT IN WRITING.Giovanni Orantes, Esq.*Orantes Law Firm, P.C.3435 Wilshire Blvd. Suite 2920Los Angeles, CA 90010Tel: (213) 389-4362Fax: go@gobklaw.comwebsite: www.gobklaw.com
The post was migrated from Yahoo.
Do the adequate protection payments get applied to principal, interest, or
___? If the debtor ultimately strips down the loan to the value of the
collateral, what happens to those payments? Do they offset the dollar
amount of the plan treatment?
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
Do the adequate protection payments get applied to principal, interest, or ___? If the debtor ultimately strips down the loan to the value of the collateral, what happens to those payments? Do they offset the dollar amount of the plan treatment?
The post was migrated from Yahoo.