Legal Opinion
In Re Russell
United States Bankruptcy Court, E.D. North Carolina
Decided August 20, 1997No. 19-02165PublishedCited by 10 opinions
1Opinion of the Court
ORDER REGARDING OBJECTION TO VALUATION
A. THOMAS SMALL, Chief Judge.
The matter before the court in this chapter 13 case is the secured creditor’s objection to the debtor’s valuation of collateral. A hearing was held in Raleigh, North Carolina on August 6,1997.
The chapter 13 debtor, Bruce Russell, owns a 1993 Nissan Altima (“Nissan”) that is subject to a lien held by the Raleigh Post Office Employees’ Credit Union in the approximate amount of $10,000. Mr. Russell proposes to retain the Nissan, write down the amount of the secured claim pursuant to 11 U.S.C. § 506(a) and pay the present value of…
2Cases cited2 opinions
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- In the Matter of Zandal Hoskins and Debra A. Hoskins, Debtors-Appellees. Appeal of Nbd Bank, N.ACourt of Appeals for the Seventh Circuit · 1996
3Cited by10 opinions
- In Re GlueckUnited States Bankruptcy Court, S.D. Ohio · 1998
- In Re OglesbyUnited States Bankruptcy Court, D. Colorado · 1998
- In Re YoungerUnited States Bankruptcy Court, W.D. Oklahoma · 1998
- In Re ScottUnited States Bankruptcy Court, N.D. Illinois · 2000
- In Re NiceUnited States Bankruptcy Court, N.D. West Virginia · 2006
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