By Henry E. Hildebrand, III, Chapter 13 Trustee for the Middle District of Tennessee (Nashville) Section 506(d) does not allow the voiding of a lien when the underlying claim, filed by the debtor, has been disallowed; when notice is provided to a corporation it must be addressed to the individual who holds the office of an officer, manager, or general...
From the Editor – Claims
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By The Honorable William Houston Brown (Retired)
Untimely claim basis for disallowance but not lien avoidance, and stay relief motion was not informal proof of claim. The bankruptcy court had constitutional authority to decide disallowance of a late-filed claim, as a matter stemming from the bankruptcy itself. Although the creditor’s mortgage lien would not be affected, the untimely proof of claim was disallowed. Moreover, the filing of a motion for stay relief did not serve as an informal proof of claim, with informal proof of claim being a narrow doctrine, applying “only when a . . .
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