Modified security interests, how much notice required?

March 29, 1993

In 1993, the Fourth Circuit decided Piedmont Trust Bank v. Linkous, 990 F.2d 160 (4th Cir. 1993), which addressed the notice required to a secured creditor when confirmation of a bankruptcy plan requires a valuation under 11 USC 506(a) of the bankruptcy code.  In this case, Piedmont owned a security interest in a mobile home [...]

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