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17-10821 - Kenneth H Berkland, Jr.


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17-10821 - Kenneth H Berkland, Jr.
April 6, 2018
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Memorandum of Decision dated 4/6/2018 Re: 29 Motion filed by Debtor to Determine Extent of Secured Claim of First Mortgage Held or Serviced by Specialized Loan Servicing LLC Encumbering 24 Old Town Road, Walpole, MA. A SEPARATE ORDER WILL ENTER DECLARING THAT 11 U.S.C. ยง 1123(b)(5) DOES NOT PROHIBIT THE DEBTOR FROM MODIFYING THE RIGHTS OF THE MORTGAGEE THROUGH A CHAPTER 11 PLAN AND THAT THE MORTGAGEE'S CLAIM IS A SECURED CLAIM TO EXTENT OF THE AGREED AMOUNT OF $912,500.00. See Memorandum for full text. (jreg)