Skip to main content

In re Nance

In re Nance

Ruling
Averaging method used to establish value of debtor's vehicle for cram down purposes.
Procedural posture

Chapter 13 debtors objected to a proof of claim filed by a creditor. At issue was how to value a vehicle for purposes of determining the amount due to the creditor under the debtors' chapter 13 plan.

ABI Membership is required to access the full summary of In re Nance Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Consumer opinion summary, case decided on June 22, 2012 , LexisNexis #0912-137