Legal Opinion

In Re Cohrs

United States Bankruptcy Court, E.D. California

Decided July 31, 2007No. 16-27135PublishedCited by 24 opinions

1Opinion of the Court

MEMORANDUM

MICHAEL S. McMANUS, Chief Bankruptcy Judge.

The debtor has moved to value the collateral of Americredit, a 2005 Ford F150 pickup truck. If the motion is granted, Americredit’s secured claim will be “stripped down” to the value of the truck. Americredit objects to the motion, contending that because it financed the debt- or’s purchase of the truck, its claim cannot be stripped down.

The motion will be denied and the objection will be sustained.

The court first notes that it invited further briefing from the debtor to reply to the arguments raised in Americredit’s objection to the…

2Cases cited3 opinions

  1. In Re PeasleeUnited States Bankruptcy Court, W.D. New York · 2006
  2. In Re PetrocciUnited States Bankruptcy Court, N.D. New York · 2007
  3. In Re AcayaUnited States Bankruptcy Court, N.D. California · 2007

3Cited by24 opinions

  1. In Re GraupnerCourt of Appeals for the Eleventh Circuit · 2008
  2. General Motors Acceptance Corp. v. PeasleeDistrict Court, W.D. New York · 2007
  3. In Re SandersUnited States Bankruptcy Court, W.D. Texas · 2007
  4. In Re HayesUnited States Bankruptcy Court, M.D. Tennessee · 2007
  5. In Re WestfallUnited States Bankruptcy Court, N.D. Ohio · 2007

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