FEDERAL NAT. MORTG. ASSN. v. FERREIRA

CIV.A. No. 97-072-T.

223 B.R. 258 (1998)

FEDERAL NATIONAL MORTGAGE ASSOCIATION, Appellant, v. Edward A. FERREIRA, Appellee. In re Edward FERREIRA and Mary M. Ferreira, Appellees.

United States District Court, D. Rhode Island.

August 7, 1998.


Attorney(s) appearing for the Case

Daniel D. Gray, Law Office of Mark P. Harmon, Newton Highlands, MA, for plaintiff.

Peter G. Berman, Raskin & Berman, Providence, RI, for defendant.


MEMORANDUM AND ORDER

TORRES, District Judge.

The Federal National Mortgage Association ("FNMA") has appealed, pursuant to 28 U.S.C. § 158(a), from an order of the Bankruptcy Court approving the Chapter 13 Plan (the "Plan") submitted by Edward and Mary Ferreira (the "Debtors").

The principal issue presented is whether 11 U.S.C. § 1322(b)(2) which permits a plan to bifurcate an under-secured...

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