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In re Morales

In re Morales

Ruling
Redemption value of vehicle set at Blue Book value on date of hearing.
Procedural posture

Debtor moved for authority to redeem personal property and approval of associated financing under 11 U.S.C.S. § 722. The matter was before the court to determine the appropriate method for calculating the replacement value of a vehicle under the retail value standard of the second sentence of 11 U.S.C.S. § 506(a)(2).

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Consumer opinion summary, case decided on May 08, 2008 , LexisNexis #0608-087