In re Heglar
Aug
31
2009
Ruling
Hanging paragraph precluded bifurcation of claim secured by "910 vehicle."
Procedural posture
Bankruptcy debtors' plan of reorganization proposed to bifurcate the claim of a creditor secured by the debtors' vehicle into secured and unsecured amounts, and to pay the creditor only the secured amount. The creditor objected to confirmation of the debtors' plan on the ground that bifurcation was precluded under 11 U.S.C.S. § 1325(a) (hanging paragraph referencing paragraph 5).
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Court
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