In re Austin

Ruling: 
"910" vehicle loan protected from bifurcation as inclusion of negative equity did not defeat purchase money status.
Procedural posture: 
The debtors in a chapter 13 bankruptcy case objected to the proof of claim filed by a creditor on the ground that it included the amount of negative equity financed during their purchase and financing of a van through the creditor.
Issue: 
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Consumer case opionion summary, case decided on February 12,2008, LexisNexis #0308-094