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In re Maggett

In re Maggett

Ruling
Debtor could surrender vehicle in full satisfaction of debt with no further liability for deficiency.
Procedural posture

A secured creditor objected to confirmation of the debtor's amended chapter 13 plan in which he proposed to surrender a vehicle in full satisfaction of the debt owed to the secured creditor. The court held a hearing on the objection.

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opinion summary, case decided on October 19, 2006 , LexisNexis #1106-045