In re Ford

Chapter 13 debtors submitted a plan, to which the creditor, which financed the debtors' purchase of a pickup truck, objected to the plan under the provisions of the hanging paragraph of 11 U.S.C.S. § 1325(a). The issue was whether the creditor's payoff of the balance on the debtors' trade-in vehicle was included as part of the purchase money security interest acquired by the creditor, and was thus not subject to cramdown under 11 U.S.C.S. § 506.