Legal Opinion

Matter of Maddox

United States Bankruptcy Court, D. New Jersey

Decided April 18, 1996No. 19-12030PublishedCited by 6 opinions

1Opinion of the Court

OPINION ON DEBTOR’S MOTION TO REDUCE PROOF OF CLAIM

JUDITH H. WIZMUR, Bankruptcy Judge.

At issue here is the valuation of an automobile owned by the debtor, Ethel Y. Maddox. Chrysler Financial Corporation holds a security interest in the vehicle, and is un-dersecured. The purpose of the valuation is to determine the amount of Chrysler’s allowed secured claim that will be paid through debtor’s Chapter 13 cram down plan.

FACTS

Debtor, Ethel Y. Maddox, filed a petition for relief under Chapter 13 of the Bankruptcy Code on October 19,1995. Debtor owns a 1994 Dodge Caravan, financed by Chrysler…

2Cases cited36 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. United States v. Nordic Village, Inc.Supreme Court of the United States · 1992
  3. Nobelman v. American Savings BankSupreme Court of the United States · 1993
  4. Rake v. WadeSupreme Court of the United States · 1993
  5. Barash v. Public Finance Corp.Court of Appeals for the Seventh Circuit · 1981

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3Cited by6 opinions

  1. In Re SharonUnited States Bankruptcy Court, S.D. Ohio · 1996
  2. In Re MaddoxDistrict Court, D. New Jersey · 1996
  3. Huwang v. Hillside TownshipNew Jersey Tax Court · 2004
  4. 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
  5. 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

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