Legal Opinion
In Re Angel
United States Bankruptcy Court, D. Idaho
Decided October 7, 1992No. 19-00205PublishedCited by 2 opinions
1Opinion of the Court
ALFRED C. HAGAN, Chief Judge.
West One Bank, Idaho, N.A., filed an objection to the proposed Chapter 13 plan of Gregory Angel (“debtor”). The proposed plan values a 1991 Mazda B2600Í pickup truck in which the Bank has a security interest at $6,075.00. Post Falls Mazda (“Mazda”), to whom the Bank has assigned its interest under a recourse contract, contends this valuation is too low, and argues Mazda is entitled to a retail valuation of $11,000.
At the hearing, Mazda presented the testimony of Duard Gene Reed, the owner of Post Falls Mazda. Mr. Reed testified this particular truck has a B2600Í…
2Cases cited3 opinions
- In Re George H. Mitchell Carol J. Mitchell, Debtors. General Motors Acceptance Corporation v. George H. Mitchell Carol J. MitchellCourt of Appeals for the Ninth Circuit · 1992
- In Re JohnsonUnited States Bankruptcy Court, D. Idaho · 1990
- In Re GoldnerUnited States Bankruptcy Court, D. Idaho · 1992
3Cited by2 opinions
- In Re MarshallUnited States Bankruptcy Court, N.D. Alabama · 1995
- Hobbs v. Gurley Motor Co. (In Re Hobbs)United States Bankruptcy Court, D. Arizona · 1997