21st Mortgage Corporation v. Kayla Glenn
Court of Appeals for the Fifth Circuit
1Opinion of the Court
JENNIFER WALKER ELROD, Circuit Judge:
This case involves whether, under § 506(a) of the Bankruptcy Code, delivery and setup costs should be included in the valuation of a retained mobile home in a Chapter 13 proceeding. Both the bankruptcy court and the district court determined that delivery and setup costs should not be included in the mobile home's valuation. We agree and therefore AFFIRM.
I
The relevant facts of this case are undisputed. 21st Mortgage Corporation financed Kayla Glenn's purchase of a used mobile home for the "base price" of $29,910. This base price apparently included the…
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