In re Pruitt
Feb
24
2009
Ruling
Debtor could surrender "910 vehicle" in full satisfaction of claim.
Procedural posture
Debtor's chapter 13 Plan was before the court for confirmation. That plan proposed, inter alia, to surrender a certain motor vehicle to its purchase-money lender in full satisfaction of the claims of that lender. Due to this provision, debtor's plan was met with strenuous objection from the creditor. The resulting dispute raised legal issues precipitated by the so-called "hanging paragraph" of 11 U.S.C.S. § 1325(a).
ABI Membership is required to access the full summary of In re Pruitt Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: