Fwd: Is discharge required to strip junior lien in individual chapter
Posted: Wed Jun 20, 2012 3:32 pm
Anyone?
Listmates:
On the one hand, some courts hold that discharge is necessary to complete a
junior lien strip.
On the other hand, in corporate chapter 11 cases, junior/second lien strips
are accomplished without a discharge.
1. What about individual chapter 11 plans? Is the discharge necessary
in individual chapter 11 plans? I looked in Collier and searched cases but
could not find the answer.
2. Is anyone familiar with the view of this issue of CACD Judge Barry
Russell?
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
Anyone?---------- Forwarded message ----"gmail_quote">Listmates:On the one hand, some courts hold that discharge is necessary to complete a junior lien strip.
On the other hand, in corporate chapter 11 cases, junior/second lien strips are accomplished without a discharge.
What about individual chapter 11 plans? Is the discharge necessary in individual chapter 11 plans? I looked in Collier and searched cases but could not find the answer.Is anyone familiar with the view of this issue of CACD Judge Barry Russell?
-- Alik SegalAlik.Segal@gmail.com
310-362-6157California Central District
-- Alik SegalAlik.Segal@gmail.com310-362-6157California Central District
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