In Re Solis
United States Bankruptcy Court, S.D. Texas
1Opinion of the Court
MEMORANDUM OPINION FINDINGS OF FACT AND CONCLUSIONS OF LAW CONCERNING CHAPTER IS CRAMDOWN OF AUTOMOBILE LENDER
WESLEY W. STEEN, Bankruptcy Judge.
In this chapter 13 bankruptcy case, Sylvia Solis (“Debtor”) has proposed a debt repayment plan that would satisfy liens on two motor vehicles by paying the value of the vehicles rather than paying the full principal due, ie. “cramdown” of the vehicle lender. After hearing, the Court concludes that Debtor’s chapter 13 plan fails to meet statutory plan confirmation requirements (i) as to one vehicle because it is a “910 Vehicle” 1 and (ii) as to the…
2Cases cited12 opinions
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- In Re DeSardiUnited States Bankruptcy Court, S.D. Texas · 2006
- In Re Lorraine B. Runski, Debtor. Cypher Chiropractic Center, Creditor-Appellant v. Lorraine B. Runski, Debtor-AppelleeCourt of Appeals for the Fourth Circuit · 1996
- In Re CarverUnited States Bankruptcy Court, S.D. Georgia · 2006
- In Re HornUnited States Bankruptcy Court, M.D. Alabama · 2006
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