- 11 U.S.C.
In re Reyes
Feb
26
2009
Ruling
Debtor could not deduct secured debt payments on vehicle intended for surrender.
Procedural posture
The debtors sought confirmation of their proposed chapter 13 plan. The chapter 13 trustee objected to the debtors' calculation under 11 U.S.C.S. § 707(b)(2)(A)(iii) of a secured debt deduction attributable to a junior lien on the debtors' principal residence, which they intended to treat as unsecured and strip in conjunction with confirmation, and the amount of a vehicle ownership allowance claimed under the I.R.S.'s local standards.
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Court
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