IN RE SEEM

Bankruptcy No. 87-00261T.

92 B.R. 134 (1988)

In re Charles T. SEEM d/b/a Solar Shield, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

November 1, 1988.


Attorney(s) appearing for the Case

Karl E. Friend, Allentown, Pa., for debtor.

Frank L. Majczan, Allentown, Pa., for Northeastern Bank of Pennsylvania.


MEMORANDUM OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Northeastern Bank of Pennsylvania ("Northeastern") presses its objection to the confirmation of debtor Charles T. Seem's ("debtor") chapter 13 plan. We sustain Northeastern's objections.1

Northeastern holds a senior blanket mortgage covering two parcels of real property owned by debtor. The parties have stipulated that debtor owes $13,432.32 in pre-petition arrearages...

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