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IN RE McKINNEY

No. 05-84385.

341 B.R. 892 (2006)

In re Lonnie E. McKINNEY, Debtor.

United States Bankruptcy Court, C.D. Illinois.

May 17, 2006.

Attorney(s) appearing for the Case

W. Edgar Weer, Pekin, IL, for Debtor.

Steven R. Rappin, Chicago, IL, for SALTA Group, Inc.

OPINION

This Opinion addresses the devilish issue of whether a real estate tax buyer holds a claim that may be modified in a Chapter 13 plan and the effect of expiration of the redemption period postpetition. The Debtor, Lonnie E. McKinney (DEBTOR), resides at 1231 N.E. Perry, Peoria, Illinois, in a duplex that he owns. A disabled veteran, his only income is $846.00 per month from a Veterans Administration disability pension and $250.00 per month in rent...

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