IN RE IRESON

Bankruptcy No. 7-81-01572, Adv. No. 7-85-0038.

48 B.R. 711 (1985)

In re Dianna Marshall IRESON, t/a Ireson Trucking, Debtor. Dianna Marshall IRESON, t/a Ireson Trucking, Plaintiff, v. MACK FINANCIAL CORPORATION, Defendant.

United States Bankruptcy Court, W.D. Virginia, Big Stone Gap Division.

May 2, 1985.


Attorney(s) appearing for the Case

Robert T. Copeland, Abingdon, Va., for debtor/plaintiff.

Stephen M. Hodges, Abingdon, Va., for defendant.


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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