Rafael Palos De La Torre

Good Law
United States Bankruptcy Court, Eastern District of CaliforniaMay 27, 202020-20430California1,294 words

Opinion

Trial Court Opinion

1

POSTED ON WEBSITE

NOT FOR PUBLICATION 4 UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF CALIFORNIA 7 8 In re ) Case No. 20-20430-E-13 ) Docket Control No. BLG-7 RAFAEL PALOS DE LA TORRE, ) ) Debtor. ) ) 12 13 This Memorandum Decision is not appropriate for publication. It may be cited for persuasive value on the matters addressed. MEMORANDUM OPINION AND DECISION The Motion to Value1 filed by Rafael Palos De La Torre (“Debtor”) to value the secured claim of Quarterspot, Inc. (“Creditor”) is accompanied by Debtor’s declaration. Declaration, Dckt. 41. Debtor is the owner of the subject real property commonly known as 8162 Hallwood Blvd., Marysville, California (“Property”). Debtor seeks to value the Property at $462,500.00 as of the petition filing date. Debtor seeks to value Creditor’s secured claim at $0.00 on the basis that after subtracting the superior lien in the amount of $492,301.19, there is no remaining equity in the 22 The Proof of Service (Dckt. 55) states that the Motion…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.