of reorganization. Generally, interest stops accruing on pre-petition claims upon the filing of bankruptcy. However, § 506(b) of the Bankruptcy Code provides an exception to this rule when the value of the collateral exceeds the principal and interest due on a claim. 11 U.S.C. § 506(b) (1994). Section 506(b) provides, in part: To the extent that an allowed secured claim is secured by property the value of which, after any recovery under subsection (c) of this section, is greater than the amount of such claim, there shall be allowed to the holder of such claim, interest on such claim, and any reasonable fees, costs, or charges provided for under the agreement under which such claim arose. 11 U.S.C. § 506(b) (1994). In United States v. Ron Pair Enterprise & L, 159 B.R. 198 (S.D.Tex.1993) (<HOLDING>); Wasserman v. City of Cambridge, 151 B.R. 4
holding that when an oversecured creditor seeks interest on its claim courts apply the interest rate provided for in the contract holding that nonconsensual oversecured tax claim is entitled to the statutory rate of interest unless the statutory rate constitutes a penalty holding that when a creditor is oversecured solvency is not required for the creditor to be entitled to postpetition interest and fees and granting contractual default interest to the oversecured creditor of approximately 24 holding that nonconsensual oversecured creditor shall receive the statutory rate of interest unless it can be characterized as a penalty holding that an oversecured creditor is entitled to postpetition interest if the creditor is oversecured or if the estate proves to be solvent