Cram Down a Reverse Mortgage

Bankr SD Fla: Debtor Could Cram Down a Reverse Mortgage that Became Due Prepetition. The Code’s Anti-Modificaiton Provision in 1322 did not preclude doing so. Debtor who inherited home from her mother and was not on the note had standing to move the court to bifurcate the reverse mortgage claim into a secured and unsecured portion and treat the holder of that mortgage in a chapter 13 plan.

In re: DELOIS GRAY, Chapter 13, Debtor. Case No. 14-31097-RAM.United States Bankruptcy Court, S.D. Florida. April 8, 2015.