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In re Nance

In re Nance

Ruling
Debtor in required to pay 90 percent of the NADA retail value as of the petition date in order to redeem vehicle without reduction for preconversion plan payments.
Procedural posture

The chapter 7 debtors filed a motion to redeem a vehicle pursuant to 11 U.S.C.S. § 722 for $0.

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Consumer opinion summary, case decided on June 12, 2013 , LexisNexis #0713-025