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In re Cook

In re Cook

Ruling
Debtor's vehicle valued as of date of confirmation hearing rather than petition date.
Procedural posture

Creditor, the holder of a security interest in the debtor's motor vehicle, objected to confirmation of the debtor's chapter 13 plan, arguing that the plan failed to comply with the requirements of 11 U.S.C.S. § 1325(a)(5)(B)(ii) because it undervalued the creditor's claim.

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Consumer opinion summary, case decided on September 10, 2009 , LexisNexis #1009-043