In re Lockenwitz
Apr
27
2010
Ruling
Plan confirmation denied due to impermissible bifurcation of purchase money security interest in "910" vehicle.
Procedural posture
Debtors submitted a plan for confirmation. The successor secured creditor on the debtors' motor vehicle filed an objection to confirmation of the debtors' plan and a response to the trustee's motion to determine value of the collateral.
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Court
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