- 11 U.S.C.
In re Valles Dominquez
May
11
2007
Ruling
Creditor could claim deficiency under hanging paragraph on loan for motor vehicle surrendered by debtor.
Procedural posture
The debtor filed for relief under chapter 13. The debtor had purchased a car, which was financed by the creditor, who took a purchase money security interest in the vehicle to secure the loan. The creditor filed a notice of deficiency and the debtor objected to the deficiency claim. The court held a hearing and issued findings of fact and conclusions of law.
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Court
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