- 11 U.S.C.
In re Solis
Nov
14
2006
Ruling
Confirmation denied due to failure to pay present value of motor vehicle lien and dependence on income from debtor's son.
Procedural posture
Under 11 U.S.C. § 1325, a chapter 13 bankruptcy debtor proposed a debt repayment plan that would satisfy liens on two vehicles by paying the value of the vehicles rather than the amount owed to the creditor. She sought to use an interest rate calculated on the date that the case was filed, not the confirmation date.
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Court
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