Debtor could avoid the bank's non-possessory, non-purchase-money security interest in her vehicle to the extent it impaired her tool of the trade exemption under Nebraska law. The vehicle's value was its replacement value as of the petition date.

The sellers of real property paid the property taxes after the debtors defaulted on the purchase. The sellers sought to except those payments from discharge, but § 523(a)(1)(A) was inapplicable because the claimants were not a "governmental unit."

The parties' stipulation was unambiguous, so the court could interpret it without reference to evidence. The debtor surrendered the number and type of livestock required by the stipulation, so the plaintiffs had no right to damages for breach.

Discharge of student loans granted because repayment would create an undue hardship on the debtor. Her income is unlikely to increase, although her expenses will. She is likely to incur additional medical expenses and car payments in the near future.

The court granted relief from the stay to the debtor's business premises lessor. Despite debtor's duty to timely perform post-petition obligations under the unexpired lease, he paid no post-petition rent. No extension of time was available to do so.

The debtors' airplane was collateral for a bank loan. The bank had possession of the plane. Debtors did not insure it or make payments on it. Because the debtors were unable to provide adequate protection, the bank was entitled to relief from the stay.

Published at 379 B.R. 899. Debtors may treat taxes from post-petition sale of farm assets as unsecured, non-priority claims under § 1222(a)(2)(A). The statute plainly refers to taxes arising post-petition, & the intent is to help farmers reorganize.

Published at 369 B.R. 477. The BAPCPA amendments to section 1115 and section 1129 have waived the absolute priority rule as to individual Chapter 11 debtors, who now may cram down confirmation of a plan while retaining property, as long as the plan is otherwise fair and equitable.

Published at 366 B.R. 919. Debtor's motion to extend or impose automatic stay was denied under section 362(c)(4) because she did not present evidence to rebut the presumption that the current case was not filed in good faith, as she appears unable to propose a feasible Ch. 13 plan.

Use of the term "general intangibles" in the parties' security agreements & UCC financing statements was sufficient under Nebraska UCC to create & perfect creditor's lien on debtor's patent. A specific description of the patent was not necessary.