Home › State Statutes › West Virginia › §506 Secured Claim Valuation

§506 Secured Claim Valuation in West Virginia

How 11 U.S.C. § 506 applies in West Virginia — federal bankruptcy law, West Virginia district data.

What §506 Secured Claim Valuation Does

A creditor's claim is "secured" only up to the value of the collateral. Any deficit above that value is unsecured. This framework is the foundation of Chapter 13 cramdown, lien stripping, and lien avoidance.

Key points:

West Virginia Bankruptcy Data (FJC)

7,115
Total filings
40.2%
Dismiss rate
1,528
Prior filers
42.8%
Prior discharge rate

Districts covered: N.D.W. Va., S.D.W. Va..

Apply This to Your Case

The rules above are federal — they apply identically in every state. What varies by state is exemptions (§522), median income thresholds (means test), and case-law interpretations of ambiguous terms. For a West Virginia-specific answer, check the screener or consult a local attorney.

Check §506 Secured Claim Valuation against your case →

Related West Virginia Statutes

109(g) Filing Bar §362 Automatic Stay §362(k) Stay Violation Damages §507 Priority Claims §522 Bankruptcy Exemptions §523 Nondischargeable Debts §524 Discharge Injunction §541 Property of the Estate §547 Preferential Transfers §548 Fraudulent Transfers §707(b) Means Test Dismissal §727 Chapter 7 Discharge §727(a)(8) 8-Year Chapter 7 Refiling Bar §1322 Chapter 13 Plan Contents §1325 Chapter 13 Plan Confirmation §1328 Chapter 13 Discharge §1328(f) Refiling Bar §1329 Plan Modification §1192 Subchapter V Discharge

§506 Secured Claim Valuation in Other States

§506 Secured Claim Valuation in Alabama §506 Secured Claim Valuation in California §506 Secured Claim Valuation in Florida §506 Secured Claim Valuation in New York §506 Secured Claim Valuation in Texas §506 Secured Claim Valuation in Ohio §506 Secured Claim Valuation in Georgia §506 Secured Claim Valuation in Pennsylvania §506 Secured Claim Valuation in Illinois §506 Secured Claim Valuation in Michigan §506 Secured Claim Valuation in Washington §506 Secured Claim Valuation in Colorado

Data: FJC Integrated Database. Statute: 11 U.S.C. § 506 (Cornell Law).

National Screener · All Judges · All Districts · Research

A project of the Open Bankruptcy Project, a 501(c)(3) nonprofit.

This page provides general information about federal bankruptcy law. Not legal advice. Consult a licensed attorney for advice on your specific situation.