MEMORANDUM OPINION AND ORDER
H. CLYDE PEARSON, Bankruptcy Judge.
The issue presented is whether or not late charge penalties collected by a secured creditor, Mack Financial Corporation, are properly included as a portion of the secured creditor's claim pursuant to 11 U.S.C. § 506(b).
On December 21, 1981, the Debtor, Dianna Marshall Ireson, t/a Ireson Trucking, filed a Chapter 11 reorganization case in this Court seeking rehabilitation of the...
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