In Re Martinez
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION APPROVING DEBTOR’S CHAPTER 13 PLAN
MARTIN GLENN, Bankruptcy Judge.
INTRODUCTION
This case presents the question whether a court should approve a debtor’s chapter 13 plan that proposes to cram down a creditor’s secured interest in an automobile that is not a so-called 910 vehicle. In determining whether to approve the chapter 13 plan proposed by Erasmo Martinez (the “Debtor”), the Court considers whether (1) the Debtor may bifurcate the secured claim of VNB Loan Services (“VNB”) into secured and unsecured portions under § 506(a) of the Bankruptcy Code and cram down the secured…
2Cases cited9 opinions
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- DaimlerChrysler Financial Services Americas LLC v. Quick (In Re Quick)Bankruptcy Appellate Panel of the Tenth Circuit · 2007
- In Re MoralesUnited States Bankruptcy Court, C.D. California · 2008
- In Re CollinsUnited States Bankruptcy Court, E.D. Texas · 1994
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3Cited by8 opinions
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- In Re HenryUnited States Bankruptcy Court, E.D. Pennsylvania · 2011
- Santander Consumer USA, Inc. v. Phillip Jefferson BrownCourt of Appeals for the Eleventh Circuit · 2014
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