In Re Quevedo
United States Bankruptcy Court, S.D. California
1Opinion of the Court
MEMORANDUM DECISION
LOUISE DE CARL ADLER, Bankruptcy Judge.
I
INTRODUCTION
Mission Federal Credit Union (“MFCU”) is a creditor with a claim secured by a non-purchase money lien on Virginia Quevedo’s (“Debtor”) 1999 Ford Explorer. Debtor incurred this secured debt within the 1-year period preceding the petition date. MFCU objects to Debt- or’s plan of reorganization (“Plan”) because it proposes to bifurcate and cram down MFCU’s claim. The Plan proposes to pay the secured portion of MFCU’s claim in full with interest. The unsecured portion will not be paid.
MFCU contends the hanging paragraph in…
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