- 11 U.S.C.
In re Zambuto
Sep
28
2010
Ruling
Debtor's experts' use of wholesale guide rejected in calculation of value of vehicle for cramdown purposes.
Procedural posture
Debtor filed a petition under chapter 13, proposed a plan for repaying her creditors, and asked the court to confirm her plan pursuant to 11 U.S.C.S. § 1325. A bank filed an objection to the debtor's plan, claiming that the debtor had not properly calculated the value of a used motor vehicle she owned for cramdown purposes.
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Court
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