IN RE COLEMAN

Bankruptcy Nos. 86-07706, 87-02616, 87-04657, 87-04151, 87-04250, 87-04308, 87-04442, 87-04721, 87-04934, 87-05037, 87-05074, 87-05089, 87-05410, 87-05418, 87-05501, 87-05688, 87-05763, 87-06439.

82 B.R. 15 (1988)

In re Monika A. COLEMAN. In re Oliver and Patricia JAMES. In re Russel JACKSON and Alice E. Jackson. JACKSON v. CITICORP MORTGAGE, INC. In re Theresa E. THWEATT. In the Matter of James H. POLLARD. In the Matter of FOTINI-NINETA BIRBILUS. In the Matter of Angel ANDINO-GAUTIER. In the Matter of Salvatore BARBIERO. In the Matter of Rick WOOD. In re Raymond R. VALLIERE and Colleen B. Valliere. In the Matter of Willard Lee WADSWORTH and Cynthia Ann Wadsworth. In the Matter of Levi and Wyomie DOGGETT. In the Matter of Abraham WELDON and Sharon Weldon. In re Anthony BELL. In the Matter of Wayne VAN GASSBECK. In the Matter of Frank J. FROELICH. In re Bakeer MUWWAKKIL. In re Douglas M. WOJTKOWIAK.

United States Bankruptcy Court, D. New Jersey.

January 27, 1988.


Attorney(s) appearing for the Case

Edward Casel, Willingboro, N.J., for Nat. State Bank, Com. Mtg. Co.

Michael Ackerman, Zucker, Goldberg, Becker and Ackerman, Maplewood, N.J., for Margaretten & Co., Inc.

David Paul Daniels, David Paul Daniels, P.A., Camden, N.J., for debtors in Nos. 87-02616, 87-04250, 87-05410, 87-05763.

William M.E. Powers, III, William M.E. Powers, Jr., Chartered, Medford, N.J., for Citicorp Mortgage, Inc., First Family Mtg. Corp. of Florida, Bancplus Sav. Ass'n, Alliance Mtg. Corp., Community Funding Corp., Numerica Financial Services, Fireman's Fund Mtg. Corp.

Brian McDonald, Maple Shade, N.J., for debtors in No. 87-04657.

Christine Collins Shubert, David Paul Daniels, P.A., Camden, N.J., for debtor in Nos. 87-04151, 87-04721.

Merri R. Lane, Alvin D. Miller, P.A., Cherry Hill, N.J., for New York Guardian Mtg. Corp.

John W. Morris, Haddon Heights, N.J., for debtor in Nos. 87-04308, 87-04442, 87-04934, 87-05418.

Barry W. Frost, Teich, Groh and Frost, Trenton, N.J., for New Jersey Nat. Bank.

Jeffrey M. Beck, Zucker, Goldberg, Becker & Ackerman, Maplewood, N.J., for The Federal Nat. Mtg. Ass'n, American Mtg. & Inv. Services, Inc.

James R. Ozol, Toms River, N.J., for debtor in No. 87-05037.

Elizabeth Casel, Edward Casel, Willingboro, N.J., for J.I. Kislak.

Thomas J. Orr, Colaguori and Orr, Burlington, N.J., for debtor in No. 87-05074.

Richard P. Minteer, Riverside, N.J., for debtor in No. 87-05089.

Scott Basen, Rothstein, Mandell, Strohm, & Gelson, Lakewood, N.J., for debtor in No. 87-05501.

Peter H. Nelson, McCrink, Nelson, Kehler & Geist, West Berlin, N.J., for debtor in No. 87-05688.

William D. Hogan, Davis, Reberkenny & Abramowitz, Cherry Hill, N.J., for Inter-Boro Sav. and Loan Ass'n.

Robert McFarland, Lee & McFarland, Camden, N.J., for Atco Nat. Bank.

George Weinroth, Greenberg, Schmerelson, Weinroth & Etish, Camden, N.J., for George J. Weinroth.

James Madden, Madden & Madden, Haddonfield, N.J., for Madden & Madden.

Robert M. Wood, Wood and Broege, Manasquan, N.J., Trustee.


INTRODUCTION AND FACTUAL BASIS

WILLIAM H. GINDIN, Bankruptcy Judge.

The within matters come before the court on application for confirmation. In each case, the secured creditor has objected to such confirmation.

The secured creditors, mortgagees under valid mortgages on the primary residences of each of the debtors have, as the result of the default of each of said debtors, elected to accelerate the mortgages and declare the entire amount due. In...

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