In re Hampton (99-60376)
Sustaining the Chapter 12 Trustee’s objection to the secured status of a claim, the court held that no valid UCC-1 existed at the time Debtor filed his petition. Therefore, Creditor’s security interest was unperfected. Although Trustee arguably requested the court the determine validity of a lien, which requires an adversary proceeding, the court held that the claim objection process was proper in this case.
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Date:
Monday, January 1, 2001