No. 90-2067.

933 F.2d 246 (1991)

In re Peter Gordon BALBUS, Debtor. BROWN AND COMPANY SECURITIES CORPORATION, Plaintiff-Appellant, v. Peter Gordon BALBUS, Defendant-Appellee.

United States Court of Appeals, Fourth Circuit.

Decided May 20, 1991.

As Amended June 4, 1991.

Attorney(s) appearing for the Case

Thomas C. Power, Winston & Strawn, Washington, D.C., argued (Michael J. Lichtenstein, Allen S. Rugg, Melrod, Redman & Gartlan, P.C., Washington, D.C., on brief), for plaintiff-appellant.

Robert Glenn Mayer, Robert G. Mayer, P.C., Fairfax, Va., for defendant-appellee.

Before ERVIN, Chief Judge, MURNAGHAN, Circuit Judge, and MULLEN, United States District Judge for the Western District of North Carolina, sitting by designation.

ERVIN, Chief Judge:

Peter Gordon Balbus ("Balbus") filed a voluntary petition for relief under Chapter 13 of the Bankruptcy Code. This petition was challenged by one of Balbus' secured creditors, Brown and Company Securities Corporation ("Brown"). Brown asserted that hypothetical costs of sale should be deducted when calculating the value of Balbus' real property providing security for his secured debt. If the costs were deducted, Balbus would not be eligible for...

Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases