Associates Commercial Corp. v. Rodio (In Re Rodio)

RULINGS ON (1) DEBTOR’S MOTION FOR VALUATION OF SECURITY AND (2) CREDITOR’S MOTION FOR RELIEF FROM STAY

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I

John Donald Rodio (“the debtor”) filed a Chapter 13 petition on September 1, 2000. In his bankruptcy schedules, he listed as an asset a 1997 Freightliner tractor (“the tractor”), encumbered by a purchase money security interest held by Associates Commercial Corporation (“the creditor”). On October 4, 2000, the debtor filed a motion, pursuant to Bankruptcy Code § 506(a) 1 , alleging he is a joint owner of the tractor and requesting the court to…