In re Denis
Mar
08
2007
Ruling
"Hanging paragraph" did not apply to creditor's unsecured deficiency following repossession and sale of vehicle.
Procedural posture
The creditor received relief from the automatic stay to enforce its security interest against the debtor's car. The car was repossessed and sold, and the debtor sought to disallow the creditor's claim, asserting that the repossession and sale of the car was a full satisfaction of the obligation, pursuant to 11 U.S.C. § 1325(a).
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Court
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