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In re Sanders

In re Sanders

Ruling
Secured claim against "910 vehicle" was not protected from bifurcation due to inclusion of negative equity in addition to purchase money debt.
Procedural posture

A creditor of a chapter 13 debtor objected to confirmation of the debtor's plan, on the grounds that the plan did not accord to it proper treatment of its secured claim on a motor vehicle under 11 U.S.C. § 1325(a) (hanging paragraph referencing paragraph 5).

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Consumer opinion summary, case decided on October 18, 2007 , LexisNexis #1107-121