MATTER OF ARVELO

Bankruptcy No. 94-10502.

176 B.R. 349 (1995)

In the Matter of Edwin ARVELO, Jr. and Carmen Nydia Arvelo, Debtors.

United States Bankruptcy Court, D. New Jersey.

January 9, 1995.


Attorney(s) appearing for the Case

Allison M. Berger, Kasen, Kasen & Braverman, Cherry Hill, NJ, for debtors.

Stephen McNally, Budd, Larner, Gross, Rosenbaum, Greenberg & Sade, Cherry Hill, NJ, for Chemical Mortg. Co.


OPINION ON DEBTORS' MOTION TO MODIFY CLAIM

JUDITH H. WIZMUR, Bankruptcy Judge.

On this motion, debtors, Edwin Arvelo, Jr. and Carmen Nydia Arvelo, seek to reduce the claim of Chemical Mortgage Company ("Chemical"). Debtors assert that Chemical, as an undersecured creditor, is not entitled to post-petition interest on pre-petition arrearages.

FACTS AND PROCEDURAL HISTORY

On December 14, 1990, Edwin Arvelo, Jr. and Carmen Nydia...

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