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Legal Opinion

In Re Vinson

United States Bankruptcy Court, D. South Carolina

Decided January 25, 2008No. 19-01150PublishedCited by 7 opinions

1Opinion of the Court

ORDER ON OBJECTION TO CONFIRMATION OF PLAN

HELEN E. BURRIS, Bankruptcy Judge.

This matter comes before the Court to determine whether the financing of negative equity as part of a vehicle purchase loan destroys the purchase-money nature of the lender’s security interest, making the flush language of 11 U.S.C. § 1325(a) inapplicable.

Findings of Fact

1. Bank of America, N.A., (“Lender”) holds a claim secured by a first lien on Debtors’ 2006 Kia Sedona motor vehicle (“Vehicle”) in the amount of Twenty-six Thousand Two Hundred Thirty-five and 93/100 ($26,235.93) Dollars as of September 11, 2007 with…

2Cases cited13 opinions

  1. In Re WrightCourt of Appeals for the Seventh Circuit · 2007
  2. General Motors Acceptance Corp. v. PeasleeDistrict Court, W.D. New York · 2007
  3. In Re PriceUnited States Bankruptcy Court, E.D. North Carolina · 2007
  4. In Re PetrocciUnited States Bankruptcy Court, N.D. New York · 2007
  5. In Re PajotUnited States Bankruptcy Court, E.D. Virginia · 2007

8 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. In Re GraupnerCourt of Appeals for the Eleventh Circuit · 2008
  2. Americredit Financial Services, Inc. v. Penrod (In Re Penrod)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2008
  3. Graupner v. Nuvell Credit Corp.Court of Appeals for the Eleventh Circuit · 2008
  4. In Re MyersUnited States Bankruptcy Court, S.D. Indiana · 2008
  5. Nuvell Credit Co. v. Muldrew (In Re Muldrew)District Court, E.D. Michigan · 2008

2 more not listed; retrieve them via the Exa API.

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