In Re Davis

MEMORANDUM OPINION

PAMELA S. HOLLIS, Bankruptcy Judge.

This matter comes before the court on Willie Davis’s motion to redeem his 1999 Oldsmobile Aurora. Davis sought authori ty to redeem for a payment of $6,265.00, pursuant to 11 U.S.C. § 722. Secured creditor Arcadia Financial objected on the grounds that the chapter 13 plan that was confirmed before the case converted to chapter 7 provided Arcadia with an allowed secured claim in the amount of $22,939.00. Arcadia argued that pursuant to § 348(f)(1)(B), the redemption amount must be $20,562.78, which is the amount at which its allowed secured…