Matter of Clements
United States Bankruptcy Court, N.D. Georgia
1Opinion of the Court
ORDER
A. D. KAHN, Bankruptcy Judge.
Before the court is the motion of Chrysler Credit Corporation to alter or amend an order of this court entered on April 29, 1981. In that order this court stated:
The court finds that the annual percentage rate agreed upon by the parties in the contract has created a presumption of the annual percentage rate to which Chrysler is entitled in a payment plan pursuant to the Code.
The court also noted that:
There is no evidence before the court demonstrating the present value of a sum certain to be paid over a period of time other than the contract.
On July 20, 1981,…
2Cited by1 opinion
- In Re McMichenUnited States Bankruptcy Court, N.D. Georgia · 1982