IN RE DIXON

No. Civ.A. 98-0123-A.

228 B.R. 166 (1998)

In re Glenn S. DIXON, Debtor, Florida Asset Financing Corporation, Appellant, v. Glenn S. Dixon, et al., Appellees.

United States District Court, W.D. Virginia, Abingdon Division.

December 9, 1998.


Attorney(s) appearing for the Case

Curtis Gilbert Manchester, Hazel & Thomas, P.C., Richmond, VA, for appellant.

Archibald Carter Magee, Jr., Magee, Foster, Goldstein & Sayers, Roanoke, VA, for appellees.


OPINION

JONES, District Judge.

The questions in this bankruptcy appeal are (1) whether contractual default interest at the rate of thirty-six percent is available to an oversecured creditor as part of its claim against a debtor and (2) whether the bankruptcy court correctly determined the creditor's request for attorneys' fees. Finding that the facts of the case support the creditor's statutory right to default interest, I first hold that the bankruptcy...

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