In Re Bouzek
United States Bankruptcy Court, E.D. Wisconsin
1Opinion of the Court
MEMORANDUM DECISION
SUSAN V. KELLEY, Bankruptcy Judge.
The issue is the valuation of the Debtor’s 2001 Hyundai Elantra for purposes of redemption under § 722 of the Bankruptcy Code. Redemption allows a chapter 7 debt- or to obtain the release of a security interest on exempt personal property or personal property that has been abandoned from the bankruptcy estate. 11 U.S.C. § 722 (2004). In order to redeem, the debtor must pay the amount of the “allowed secured claim” to the creditor in a lump sum. The allowed secured claim is determined by reference to § 506(a) of the Bankruptcy Code which…
2Cases cited16 opinions
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- In the Matter of Judy Emely Edwards, Also Known as Judy Emely Glass, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1990
- Triad Financial Corp. v. Weathington (In Re Weathington)Bankruptcy Appellate Panel of the Sixth Circuit · 2000
- In Re DonleyUnited States Bankruptcy Court, S.D. Ohio · 1998
11 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Sovereign Bank, F.S.B. v. Finnegan (In Re Finnegan)United States Bankruptcy Court, M.D. Pennsylvania · 2006
- Young v. Camelot Homes, Inc. (In Re Young)United States Bankruptcy Court, D. Maine · 2008
- In Re McElroyUnited States Bankruptcy Court, C.D. Illinois · 2006
- In Re SmithUnited States Bankruptcy Court, N.D. Indiana · 2004
- In Re NealUnited States Bankruptcy Court, N.D. Iowa · 2004
2 more not listed; retrieve them via the Exa API.