| Proceeding # | Hearing Date | Case Number | Debtor Attorney | Hearing Type | Disposition | Trustee Notes | |
|---|---|---|---|---|---|---|---|
| Email InquiryMatter ResolvedRequest Adjournment | 93 | 6/16/2026 1:00 pm | 25-15926 / MBK | Russell L. Low, Esq. | Confirmation Hearing Scheduled | Pending Workup | AR NOTES :CASE IS 10 MO OLD OBJ BY MMU LLC AS TOI PTY VALUE ,MARKED PEREMPTORY FOR 4-15 ,REQUESTED PARTIES SUBMIT SCHEDULING =ORDER FOR DISCOVERY AND EVIDDENTIARY HEARING OR APPEAR 4-20 AT 2 4/6 workup for the 4/15 calendar EDC ADJ to 4/15/26 Peremptory SAME AS LAST TIME * Objection filed by MMU, LLC (Ragan & Ragan) - independent appraisal shows property value is $940,000, not $800,000 as scheduled. Plan is not feasible. Creditor filed a secured claim for $334,099.51. (UNRESOLVED) * Trustee's objection:BASED ON BEST CASE SCENARIO EQUITY IN HOUSE AND PERSONAL ASSETS IS OVER $130K SO WILL NEED 100% NO MATTER WHAT - The debtor has insufficient income. Verified income leaves monthly disposable income of $98.94. (ok if remove excessive expenses) - The debtor(s) plan consists of unnecessary or excessive expense items, such as: $3,033/month for alimony/support (need order or certification form recipient for support) $3,000/month to support mother $250/month for one dog Need proof of excessive expenses 10 days prior to confirmation. (NOT RECEIVED) ----------------- RESOLVED ISSUES: 1. Objection filed by New Rez/Shellpoint (Padgett Law Group) - failure to cure arrears of $4,781.78. (Per Obj). Plan proposes to pay $0. (RESOLVED - PAY PER POC) - The debtor has failed to file the required Pre-Confirmation Certification. (FILED) - The current Plan does not specify treatment of MMU, LLC's secured claim under the Plan. - The Plan provides for payment on unsecured claims of less than that which would be distributed upon liquidation under Chapter 7, as prohibited by 11 U.S.C. ? 1325(a)(4): - There is $127,888 in non exempt equity in the residence. (LANGUAGE ADDED) - There is $7,858 in non exempt equity in the bank accounts. (LANGUAGE ADDED) - Need to resolve objection by New Rez/Shellpoint. (LISTED ABOVE) Plan proposes: $3,600 x 60 beginning 7/1/2025, not less than $151,888 to unsecured creditors Payments: 2/2 |
| Email InquiryMatter ResolvedRequest Adjournment | 0 | 6/16/2026 1:00 pm | 25-15926 / MBK | Russell L. Low, Esq. | Valuation Hearing | Judge to Reserve Decision |