Valley National Bank of Arizona v. Malody (In Re Malody)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
RUSSELL, Bankruptcy Judge:
OPINION
Creditor objected to the debtors’ Chapter 13 plan on the ground that it undervalues the creditor’s secured claim in two vehicles. A valuation hearing was held and the bankruptcy court ruled that the creditor’s secured claims in the vehicles should be valued according to their wholesale values. We affirm.
FACTS
Francis L. Malody and Jill E. Malody (debtors) took out two loans from Valley National Bank of Arizona (“VNB”) (appellant) in order to purchase two automobiles. On February 13, 1985, the debtors entered into a monthly installment note and security…
2Cases cited11 opinions
- In Re KleinUnited States Bankruptcy Court, E.D. New York · 1981
- In Re CourtrightUnited States Bankruptcy Court, D. Oregon · 1986
- In Re ClaeysUnited States Bankruptcy Court, D. North Dakota · 1987
- In Re CookUnited States Bankruptcy Court, D. Utah · 1984
- Chrysler Credit Corp. v. Van Nort (In Re Van Nort)United States Bankruptcy Court, E.D. Michigan · 1981
6 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- In Re Peter Gordon Balbus, Debtor. Brown and Company Securities Corporation v. Peter Gordon BalbusCourt of Appeals for the Fourth Circuit · 1991
- In Re George H. Mitchell Carol J. Mitchell, Debtors. General Motors Acceptance Corporation v. George H. Mitchell Carol J. MitchellCourt of Appeals for the Ninth Circuit · 1992
- 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
- In Re GreenUnited States Bankruptcy Court, D. Minnesota · 1993
- In Re OwensUnited States Bankruptcy Court, E.D. Arkansas · 1990
22 more not listed; retrieve them via the Exa API.