Contracts · MBE-tested
In re Elaine ROBINSON a/k/a Elaine Dublin, Debtor
68 B.R. 29·United States Bankruptcy Court for the Eastern District of Pennsylvania·1986
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Opinion
In re Elaine ROBINSON a/k/a Elaine Dublin, Debtor.
Bankruptcy No. 86-01798G.
United States Bankruptcy Court, E.D. Pennsylvania.
Dec. 8, 1986.
Lynne B. Allen, Drinker Biddle & Reath, Philadelphia, Pa., for Philadelphia Savings Fund Society (now named Meritor Savings Bank.)
Susan L. DeJarnatt, Community Legal Services, Inc., Philadelphia, Pa., for debtor.
James J. O’Connell, Philadelphia, Pa., Standing Chapter 13 trustee.
[MAJORITY — EMIL F. GOLDHABER, Chief Judge:]
OPINION AND ORDER
EMIL F. GOLDHABER, Chief Judge:
The issue before us arises out of the claim of The Philadelphia Savings Fund Society (now named Meritor Savings Bank) for post-petition interest on its secured claim at the contract rate to the extent of its security.
This question having been before us on four prior occasions (In re Robert A. Evans, 20 B.R. 175; In re Einspahr, 30 B.R. 356; In re McCall, 57 B.R. 642; In re Nesmith, 57 B.R. 348) we see no reason for repeating the rationale we have set forth in those cases.
An appropriate order follows.
ORDER
AND NOW, to wit, this 8th day of December, 1986, it is hereby
ORDERED that Philadelphia Savings Fund Society (now named Meritor Savings Bank) is entitled to receive post-petition interest on its secured claim, at the rate of 11% as set forth in its mortgage note; and it is further
ORDERED that the debtor’s objections to Philadelphia Savings Fund Society’s claim are hereby DISMISSED.