Legal Opinion
In Re Penick
United States Bankruptcy Court, W.D. Michigan
Decided August 9, 1994No. 19-01905PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER REGARDING APPROPRIATE VALUATION STANDARD FOR REDEMPTION
JO ANN C. STEVENSON, Bankruptcy Judge.
Emma Marie Penick (“Debtor”) filed her voluntary Chapter 7 petition on March 8, 1994. On April 25, 1994 the Debtor filed her motion to redeem a 1989 Geo Spectrum on which General Motors Acceptance Corporation (GMAC) is owed $4,465.07. Debtor claims that the vehicle is only worth $800 and seeks to redeem it for that amount. GMAC asserts that $800 is not a fair price for the car and asks this Court to determine that the fair market value of the vehicle falls somewhere…
2Cases cited11 opinions
- In Re Thomas Howard Bell and Margaret Louise Bell, Debtors. General Motors Acceptance Corporation v. Thomas Howard Bell and Margaret Louise BellCourt of Appeals for the Sixth Circuit · 1983
- In Re WalshDistrict Court, District of Columbia · 1980
- In Re DamronUnited States Bankruptcy Court, S.D. Ohio · 1980
- In Re MitchellUnited States Bankruptcy Court, W.D. Texas · 1989
- In Re CarrollUnited States Bankruptcy Court, D. Arizona · 1981
6 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- In the Matter of Elray and Jean Rash, Debtor. Associates Commercial Corporation v. Elray Rash and Jean E. RashCourt of Appeals for the Fifth Circuit · 1996
- Spencer v. Blanchard (In Re Blanchard)United States Bankruptcy Court, E.D. Pennsylvania · 1996
- In Re SumerellUnited States Bankruptcy Court, E.D. Tennessee · 1996
- In Re DonleyUnited States Bankruptcy Court, S.D. Ohio · 1998
- In Re WilliamsUnited States Bankruptcy Court, S.D. Ohio · 1998
5 more not listed; retrieve them via the Exa API.