United States Bankruptcy Court, D. Connecticut March 29, 2000, No. 99-22228 (In re Beckford)

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United States · · · 29-03-2000

RULING SUSTAINING OBJECTION AND DENYING CONFIRMATION OF CHAPTER 13 PLAN

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I.

At issue in this proceeding is whether the court may confirm a Chapter 13 plan which modifies a first mortgage on the debtor’s principal residence by “stripping it down” to the fair market value of the residence, notwithstanding Bankruptcy Code § 1322(b)(2) (plan may “modify the

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