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In re Bell

In re Bell

Ruling
Creditor's secured claim on a car was disallowed as long as the debtor surrendered the insurance proceeds from the car that was totaled in an accident during the performance of a confirmed plan.
Procedural posture

In a chapter 13 case, a creditor sought allowance of its secured claim. Debtor sought to treat the deficiency at issue as an unsecured claim.

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opinion summary, case decided on March 03, 2006 , LexisNexis #0406-067