Valuing a Secured Claim: Who Knew That Retail Price Could Be So Elusive

BankruptcyRealEstateInsights's avatarBankruptcy-RealEstate-Insights

21st Mortgage Corp. v. Glenn (In re Glenn), 900 F.3d 187 (5th Cir. 2018) –

In valuing a mobile home for purposes of determining the amount of a secured claim for a chapter 13 plan, the bankruptcy court declined to include delivery and setup costs. The district court affirmed, and the mortgagee appealed to the Fifth Circuit.

View original post 726 more words

Leave a comment