Legal Opinion
In Re Pryor
United States Bankruptcy Court, C.D. Illinois
Decided May 12, 2006No. 05-87079PublishedCited by 18 opinions
1Opinion of the Court
OPINION
Before the Court is the objection of FORD MOTOR CREDIT COMPANY (FMCC) to confirmation of the Amended Chapter 13 plan filed by STEVEN PRYOR, the Debtor (DEBTOR). A hearing was held on February 13, 2006, and the matter was taken under advisement. The narrow question before the Court is whether the interest rate payable on a secured claim is capped at the contract rate. Both the DEBTOR and FMCC submitted briefs on the issue.
On September 10, 2002, the DEBTOR purchased a new 2002 Ford F150 from Velde Ford for $21,850. The amount financed under the motor vehicle retail installment contract…
2Cases cited7 opinions
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- In Re FlemingUnited States Bankruptcy Court, E.D. Missouri · 2006
- Daimlerchrysler Financial Services Americas, LLC v. Brown (In Re Brown)United States Bankruptcy Court, S.D. Georgia · 2006
- In Re WrightUnited States Bankruptcy Court, M.D. Alabama · 2006
2 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In Re BrooksUnited States Bankruptcy Court, E.D. North Carolina · 2006
- In Re TrejosUnited States Bankruptcy Court, D. Nevada · 2006
- DaimlerChrysler Services North America LLC v. Taranto (In Re Taranto)Bankruptcy Appellate Panel of the Sixth Circuit · 2007
- In Re SoardsUnited States Bankruptcy Court, W.D. Kentucky · 2006
- In Re BuffordUnited States Bankruptcy Court, N.D. Texas · 2006
13 more not listed; retrieve them via the Exa API.