In Re Westfall
United States Bankruptcy Court, N.D. Ohio
1Opinion of the Court
MEMORANDUM OF OPINION
RUSS KENDIG, Bankruptcy Judge.
Before the court are two objections to confirmation of debtors’ fourth amended chapter 13 plan. The plan proposed by debtors attempts to cram down (to reduce to a value other than the balance owed) secured liens on two automobiles, each purchased within nine hundred ten (910) days of debtors’ filing, where a portion of the loan proceeds was used to pay off negative equity (the amount by which the debt securing the traded vehicle exceeded the trade-in value)' on trade-in vehicles. Creditor Nuvell Credit Corporation (hereafter “Nuvell”) filed…
2Cases cited11 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- In Re PeasleeUnited States Bankruptcy Court, W.D. New York · 2006
- In Re PriceUnited States Bankruptcy Court, E.D. North Carolina · 2007
- In Re TrejosUnited States Bankruptcy Court, D. Nevada · 2006
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3Cited by29 opinions
- General Motors Acceptance Corp. v. PeasleeDistrict Court, W.D. New York · 2007
- In Re PetrocciUnited States Bankruptcy Court, N.D. New York · 2007
- In Re SandersUnited States Bankruptcy Court, W.D. Texas · 2007
- In Re PajotUnited States Bankruptcy Court, E.D. Virginia · 2007
- Citifinancial Auto v. Hernandez-SimpsonDistrict Court, D. Kansas · 2007
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