AmeriCredit Financial Services, Inc. v. Swafford (In Re Swafford)

ORDER DEFERRING MOVANT’S OBJECTION TO CONFIRMATION OF DEBTOR’S AMENDED PLAN AND ORDER AND NOTICE OF HEARING ON OBJECTION TO CONFIRMATION

ROBERT E. BRIZENDINE, Bankruptcy Judge.

This matter is before the Court on the objection of Movant AmeriCredit Financial Services, Inc. to confirmation of Debtor’s Chapter 13 plan as amended. Specifically, objection is made to the provision whereby Debtor proposes to pay interest on Movant’s secured claim “at the rate of 12% on the value of the collateral securing the claim....” Movant filed a proof of claim in the amount of $11,163.80. The value of the…