United States Bankruptcy Court, E.D. Virginia May 9, 2011, 19-10597 (In Re Maharaj)

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MEMORANDUM OPINION

STEPHEN S. MITCHELL, Bankruptcy Judge.

Ganess and Vena Maharaj, who operate an auto body business, seek confirmation of a chapter 11 plan. Confirmation is opposed by a nominally secured creditor, DB Structured Products, whose subordinate deed of trust against the debtors’ residence would be stripped off.