Legal Opinion

In Re Marquez

United States Bankruptcy Court, D. Arizona

Decided October 23, 2001No. 00-04038-TUC-EWHPublishedCited by 5 opinions

1Opinion of the Court

AMENDED MEMORANDUM DECISION

EILEEN W. HOLLOWELL, Bankruptcy Judge.

Pending before the court is the Objection of ABC Finance Company, Inc. (“ABC”) to the Confirmation of Debtors’ Chapter 13 Plan (“Plan”) on the grounds that the Debtors’ valuation of ABC’s collateral, proposed interest payment on ABC’s secured claim, and adequate protection payments are inadequate.

FACTUAL AND PROCEDURAL HISTORY

On September 24, 2000 the Debtors purchased a used Dodge Intrepid (“Dodge”) from Budget Resale, Inc. for $14,999. ABC financed the sale over a 60 month term at an annual interest rate of 26%. Debtors’…

2Cases cited20 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
  3. General Motors Acceptance Corporation v. Alphonso Jones, Debtor, Robert M. Wood, TrusteeCourt of Appeals for the Third Circuit · 1993
  4. In Re Camino Real Landscape Maintenance Contractors, Inc., Debtor. United States of America v. Camino Real Landscape Maintenance Contractors, Inc., in Re Hadrian Construction, Inc., Debtor. United States of America v. Hadrian Construction, Inc., in Re Armour Oil Company, Debtor. United States of America v. Armour Oil CompanyCourt of Appeals for the Ninth Circuit · 1987
  5. United Carolina Bank v. Loretta A. Degolier HallCourt of Appeals for the Fourth Circuit · 1993

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3Cited by5 opinions

  1. In Re GonzalezUnited States Bankruptcy Court, N.D. Illinois · 2003
  2. In Re SCHWALBUnited States Bankruptcy Court, D. Nevada · 2006
  3. In Re NiceUnited States Bankruptcy Court, N.D. West Virginia · 2006
  4. In Re SpragginsUnited States Bankruptcy Court, E.D. Wisconsin · 2004
  5. CitiFinancial Auto, Ltd. v. Flores (In Re Flores)United States Bankruptcy Court, N.D. Texas · 2007

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