In re Bedford Springs Hotel, Inc.

1 Citing case

  1. In re Dean Hardwoods, Inc.

    431 B.R. 387 (Bankr. E.D.N.C. 2010)   Cited 6 times   1 Legal Analyses
    Emphasizing that "unforseen changed circumstances in this case justify the modification as to [the creditor bank]"

    Bullion Hollow, 185 B.R. at 728. See In re Hayball Trucking, Inc., 67 B.R. 681 (Bankr. E.D. Mich. 1986);In re Earley, 74 B.R. 560 (Bankr. C.D. Ill. 1987); In re Bedford Springs Hotel, Inc., 99 B.R. 302 (Bankr. W.D. Pa. 1989); In re Burlingame, 123 B.R. 409 (Bankr. N.D. Okla. 1991). Instead, those courts have held "payments to creditors are not to be considered transferring property under subsection (A), but instead, fall under subsection (C) which only requires that the distribution of the payments to have commenced."