In Re Byrd

ORDER

WILLIAM T. BODOH, Bankruptcy Judge.

This matter came on before the Court on the Debtor’s Objection to a Proof of Claim filed by GORDON JEWELERS (“GORDON”) on January 14, 1988. GORDON filed a secured claim for Four Thousand, Eight Hundred Ten & 68/100 Dollars ($4,810.68) with a purchase money security interest in three (3) items: a ladies’ diamond chip cocktail ring, a gentleman’s diamond ring, and a gentleman’s Wittenaur watch. A hearing on the Debtor’s Objection was held on March 17, 1988.

The Debtor’s Objection is based on the assertion that 11 U.S.C. Sec. 506(a) requires the Court to…