In re Airhart

Ruling: 
Court could determine redemption value of vehicle in converted chapter 7 case without relying on value established while case was in chapter 13.
Procedural posture: 
Debtor filed a petition under chapter 13 of the Bankruptcy Code and proposed a plan that valued a vehicle she owned at $17,000 and paid a credit union the full amount of the debt. Just over two years later, the debtor converted her case to one under chapter 7 of the Bankruptcy Code and filed a motion to redeem the vehicle pursuant to 11 U.S.C.S. § 722. The court held a hearing on the debtor's motion.
Issue: 
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Consumer case opionion summary, case decided on May 31,2012, LexisNexis #0712-028