RULING SUSTAINING OBJECTION AND DENYING CONFIRMATION OF CHAPTER 13 PLAN
ROBERT L. KRECHEVSKY, Bankruptcy Judge.
I.
At issue in this proceeding is whether the court may confirm a Chapter 13 plan which modifies a first mortgage on the debtor's principal residence by "stripping it down" to the fair market value of the residence, notwithstanding Bankruptcy Code § 1322(b)(2) (plan may "modify the rights of holders of secured claims other...
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