Critical Case Comment – In re Cooper, 2009 WL 4258301 (Bankr. M.D. Fla. November 17, 2009) (Briskman)

In re Cooper, 2009 WL 4258301 (Bankr. M.D. Fla. November 17, 2009) (Briskman)

A long term debt, subject to modification, need not be paid in equal monthly payments but can be paid with a balloon payment at the end of the plan.

Summary of the Case

Bank United had a first mortgage on real property owned by the debtor but occupied by the debtor’s daughter. The balance on the secured debt was $277,173 with . . .

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