Towards the , Appellants recorded to own Section 13 bankruptcy proceeding rescue

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At the time Taylor Bean generated the loan, Appellants’ cellular house was actually put up towards the acres and you may Appellants had no aim of moving the fresh new mobile home about property. (Id. at -19.) Brand new tires and you may axles connected to the halves of your mobile home have been eliminated when Appellants gone the fresh new mobile household on the possessions. (Id, on 41:8-nine.) Furthermore, the fresh tongues was in fact got rid of. (Id. from the twenty seven:6-eight.) Appellants dependent a beneficial septic system and you can a liquids quick loans St Ann Highlands Colorado well, and you may just after Taylor Bean generated the mortgage, Appellants constructed an excellent mortared cinderblock base up to all four corners from their house. (Id. at 37:7-38:nine.) Appellants along with installed exterior air conditioners (id. at 42:8-9), and electricity services, (id. at -25).

II. Bankruptcy proceeding Proceedings

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(Tr. 5:23-twenty five.) During the fresh new processing, Bobby try obligated to Appellee for a loan shielded of the Appellants’ acres and advancements, and you will Appellants was in fact as you forced to the lending company of Danielsville for financing safeguarded by Appellants’ mobile home and you may an auto and pick up truck owned by Bobby. Towards , Appellee submitted the protected proof claim toward personal bankruptcy courtroom on number of $104,, symbolizing the principal and you may pre-petition arrearage due because of the Appellants.

Appellants’ very first suggested bundle provided, from inside the appropriate one, one to “[verification regarding the bundle usually extinguish the next lien on the [Appellants’] quarters stored by the [the bank of Danielsville] considering the insufficient really worth to support the new advertised lien

Appellants supported and you can recorded the earliest advised Part thirteen package, which open to cure brand new arrearage due on their obligation because of the while making payments as a result of their Chapter 13 plan. Typical blog post-petition, monthly installments on the responsibility was to be manufactured in order to Appellee individually. (Id. within six:1-5.) Appellants continued for several days adopting the the submitting and come up with the normal, post-petition, monthly premiums right to Appellee. ” (Chapter 13 Bundle, .) Appellee didn’t target so you’re able to Appellants’ very first proposed package.

Toward , Appellants provided notice of your own proposed modification of their Section thirteen bundle ahead of verification. (Discover Ex. P-step three in order to Tr., Observe regarding Mot. for Modification off Package Prior to Verification.) About advised modified plan, Appellants sought to bifurcate Appellee’s claim between your shielded and you may unsecured piece. (Pick Ex. P-eight so you’re able to Tr., Section thirteen Package, [hereinafter Altered Section thirteen Plan].) According to the Altered Part 13 Package, Appellants was to pay Appellee its shielded number. New unsecured portion of Appellee’s claim was to be distributed specialist rata the remainder of Appellants’ unsecured financial institutions. Appellants’ Changed Section thirteen Plan taken to a full payment off the obligation due by Appellants to your Bank of Danielsville and you can protected of the their mobile house, and also the vehicles and the pickup owned by Bobby. Appellants’ Changed Part thirteen Package don’t provide you to definitely Appellee’s coverage deed is *922 become fulfilled or extinguished abreast of the conclusion from bundle payments. (Id.) Appellee did not object to Appellants’ Altered Chapter thirteen Plan.

To your , the newest case of bankruptcy judge joined your order guaranteeing Appellants’ Altered Part 13 Package. (Ex lover. P-six so you can Tr., Acquisition Guaranteeing Bundle.) Costs within the Section thirteen plan were accomplished from the Appellants in 2005. (Tr. 7:1-2.) Toward , the bank of Danielsville released their coverage interest in Appellants’ cellular family while the most other collateral protecting its debt. On the , the brand new personal bankruptcy court registered an order giving Appellants’ Part thirteen discharge. A final decree was also registered, closing Appellants’ Chapter 13 case. Pursuing the bill of their release, Appellants produced numerous needs away from Appellee that it mark its cover deed toward Appellants’ real estate satisfied. However, Appellee refused. (Id. at the seven:3-8.) Appellants’ Section thirteen situation are reopened of the buy of bankruptcy judge towards , Appellants recorded an opponent proceeding throughout the personal bankruptcy judge. (Id. during the eight:8.)

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