In re Eddins
Oct
17
2006
Ruling
NADA retail value was appropriate "replacement value" for motor vehicles post-BAPCPA.
Procedural posture
Debtors filed a voluntary chapter 13 petition that listed in their schedules two motor vehicles, a Durango and a Sebring, both of which were subject to liens of a creditor. Debtors submitted a plan and moved the court to determine values of the motor vehicles. The creditor filed an objection to confirmation of debtor's plan and their motion, challenging the proposed treatment of its secured claims.
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Court
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