IN RE WEBB

Bankruptcy No. 88-13386S, Adv. No. 88-2137S.

99 B.R. 283 (1989)

In re Lowell WEBB, Debtor. Lowell WEBB, Plaintiff, v. FIRST MUTUAL CORPORATION, Goldome, United States Department of Housing and Urban Development, Mid-Penn Consumer Discount and City of Philadelphia, Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

April 24, 1989.


Attorney(s) appearing for the Case

Jerome Brian Blank, Philadelphia, Pa., for debtor.

Peter M. Campanella, Dept. Regional Counsel, Region III, U.S. Dept. of Housing and Urban Development, Philadelphia, Pa., for U.S. Dept. of Housing and Urban Development.

Cynthia E. White, Chief Asst. City Solicitor, Philadelphia, Pa., for City of Philadelphia.

Edward Sparkman, Philadelphia, Pa., Standing Chapter 13 Trustee.

Virginia R. Powel, Asst. U.S. Atty., Philadelphia, Pa., for U.S. Dept. of Housing and Urban Development.

Janet L. Gold, Haddonfield, N.J. for First Mut. Corp.

Robert T. Cohen, Philadelphia, Pa., for Goldome Credit Corp.

Edwin Seave, Philadelphia, Pa., for Mid-Penn Consumer Discount Co.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION AND PROCEDURAL HISTORY

The instant proceeding involves an attempt by the Debtor, LOWELL WEBB, to utilize 11 U.S.C. § 506(a) to reduce secured claims against his home in the course of his Chapter 13 bankruptcy case. The Debtor's claim is based on the fact that he and his estranged wife are actually only three-thirteenths (3/13) owners of the home, despite the fact that he obtained the...

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