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Newbie Summer Reading: Rash

By Cathy Moran, Esq. Filed Under: Bankruptcy Practice

Diesel truck

Is the value of the secured creditor’s claim in a Chapter 13 cramdown what the creditor would receive if it foreclosed its lien or what the debtor would pay to replace the collateral. It was 1997 before that question was resolved by the Supreme Court in Associates v. Rash, nearly 20 years after enactment of […]

Filed Under: Bankruptcy Practice Tagged With: Chapter 13 cram down, Supreme Court cases, valuing collateral

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