United States Bankruptcy Court, N.D. California March 18, 1987, 19-30110 (In Re Woodridge North Apts., Ltd.)

OPINION

THOMAS E. CARLSON, Bankruptcy Judge.

Section 1111(b)(1)(A) of the Bankruptcy Code

1

provides that a nonrecourse deficiency claim must be treated as a recourse claim under a chapter 11 plan, unless the collateral is sold under section 363 or under a chapter 11 plan of reorganization.