In re Lavigne
Nov
14
2007
Ruling
Hanging paragraph precluded bifurcation of vehicle loan except for negative equity portion which was not purchase money in nature.
Procedural posture
Four separate chapter 13 cases were before the court. Debtors in each of the four cases purchased motor vehicles within the 910-day period immediately preceding the filing of their bankruptcy petitions. The four creditors which financed their motor vehicle purchases objected to confirmation of their chapter 13 plans.
ABI Membership is required to access the full summary of In re Lavigne Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: