In re Harrell
Mar
05
2007
Ruling
Hanging paragraph barred creditor's deficiency claim upon debtors'surrender of vehicle in full satisfaction of debt.
Procedural posture
Bankruptcy debtors proposed a chapter 13 plan which provided for surrender of a vehicle to the creditor secured by the vehicle in full satisfaction of the debt to the creditor. The creditor objected to confirmation of the debtors'plan on the ground that it improperly precluded the creditor from asserting a deficiency claim.
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Court
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