This was a pre-Code case. Under the Bankruptcy Act, the six-month period for filing claims was an absolute bar date. In contrast to the Bankruptcy Code, the provisions of the Bankruptcy Act gave the court no discretion to allow late-filed claims

Reported at 18 B.R. 602. A "rent-to-own" contract for rental & possible purchase of household goods was a purchase-money security agreement and not a lease, and could be dealt with in debtor's plan. The facts of each case govern such a finding under the U

The district court dismissed the creditor's appeal of an order denying confirmation because, contrary to the creditor's appellate argument, the bankruptcy court had made no findings as to valuation and had in fact ordered an amended plan to be filed.

Chapter 11 plan confirmation requirements permit a dissenting class to demand full value before any junior class is paid. Here, the plan is not confirmable because it gives equity security holders a valuable right unavailable to other classes

The Chapter 13 practice of allowing claims as filed is subject to the terms of the confirmation order, if the plan or confirmation order specifies a different treatment of certain claims, or if litigation has resulted in a different categorization of a cl

Court granted relief to bank holding a possessory interest in a certificate of indebtedness issued to the debtor. Debtor had borrowed the money from his mother & felt morally obligated to repay her, but as an unsecured debt it wouldn't support maintaining

At issue was fee application filed by attorneys for trustee. Funds held by the trustee were insufficient to pay all administrative expenses. The court allowed a reduced amount of fees for trustee's counsel, based on results obtained through their efforts

On appeal, the bankruptcy court's plan confirmation order was affirmed and the district court held that bankruptcy courts should decide on a case-by-case basis whether debtors may designate how Chapter 13 plan payments to the IRS should be allocated.

Order setting a hearing on whether plaintiffs should be granted relief from stay to pursue litigation in state court against the debtor's officers, and asking the parties to focus on the issue of maintaining similar lawsuits simultaneously in two courts

Although partial disbursement of SBA flood-assistance funds occurred before debtors' mortgage-holder had signed a subordination agreement, SBA's willingness to make the remainder of the loan provided consideration for the bank's subordination