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IN RE CANTWELL

No. 03-45208/JHW.

336 B.R. 688 (2006)

In the matter of Jeffrey J. & Kimber L. CANTWELL, Debtors.

United States Bankruptcy Court, D. New Jersey.

January 5, 2006.

Attorney(s) appearing for the Case

William Mackin, Esq., Woodbury, NJ, for the Debtor.

Harlan L. Cohen, Esq., Starr, Gern, Davison & Rubin, Roseland, NJ, for UBIC.

Richard P. Norton, Esq., Reed Smith LLP, Newark, NJ, for the Creditors' Committee.

OPINION ON CHAPTER 11 CRAM DOWN INTEREST RATE

JUDITH H. WIZMUR, Chief Judge.

The debtors' Chapter 11 plan has been confirmed in this case. Preserved at confirmation was the issue to be resolved herein, i.e. the interest rate to be paid to the second mortgage when its claim is paid in full, in consummation of the plan.

FACTS

In August 2000, the Cantwells entered into a settlement agreement with the Universal Bonding Insurance...

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