Cramdown of Daughter’s Car Bad Faith
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CAR OWNED BY CHILD CAN BE CRAMMED DOWN BUT NOT GOOD FAITH
In re Lewis, Case No. 06-20027
August 2006, Judge Somers
The vehicle the debtors proposed to cramdown in the plan was found to belong to the daughter, even though titled to debtors. Daughter made the payments. However, the Court found that the plan was not filed in good faith, citing Young and Flygare, and granted stay relief to the creditor.
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Tags: 910 car claim, bad faith, cramdown, daughter's car, Flygare, good faith, Judge Somers, Lewis, stay relief, titled to debtors, Young