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IN RE MITCHELL

Bankruptcy Nos. 90-11369, 90-11289.

125 B.R. 5 (1991)

In re Stanley H. MITCHELL and Kathleen A. Mitchell, Debtors. In re Ronald A. RAYMOND, Debtor.

United States Bankruptcy Court, D. New Hampshire.

February 13, 1991.

Attorney(s) appearing for the Case

J. Roderick Falby, Jr., Brighton, Fernald, Taft and Hampsey, Peterborough, N.H., for Peterborough Sav. Bank.

Grenville Clark, Manchester, N.H., for debtors.

Lawrence Sumski, Amherst, N.H., trustee.

MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge.

The trustee brought these cases on for confirmation, and in both cases the mortgagee of the debtor's residence1 objected. The objection is to the proposed bifurcation of the mortgagee's security interest into secured and unsecured portions based on the value of the underlying collateral2 using sections 1322(b)(2) and section 506(a). I heard oral...

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