Adequate
Protection
"The debtor in possession must provide any creditor who holds
a lien on such property with adequate protection. In other words, the
creditor's secured position must be protected and not harmed by the use
of the creditor's collateral." "Relief fashioned to protect the
value of a secured creditor's lien so it does not diminish during the
bankruptcy proceeding. This relief can take the form of periodic
payments, interest payments, a replacement lien on other property, or
any other form determined by the court to be adequate."
In this case, under the despotic rulings of Judge Cornelius Blackshear,
and surviving his retirement from the bench, the creditors have been
denied adequate protection. The debtor falsely claimed that the
creditor had violated the automatic stay and had evicted forty
families. Although totally fabricated in a conspiracy, and the
creditors were able to provide documentary and pictorial evidence to
refute this blatantly fraudulent claim, the court ignored the evidence,
and ordered a punitive and completely inadequate protection.