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910 Car Claims Get Interest

Posted on January 15, 2010 by Jill Michaux, Topeka Consumer Bankruptcy Attorney

SURRENDER IN FULL SATISFACTION OF 910 AND PAYMENT IN FULL WITH NOT INTEREST NOT ALLOWED In re McClay, Case No. 07-20106 October 2008, Judge Berger 910 vehicle case. Plan provided for payment of full debt with no interest and option to surrender in full satisfaction. This was found to be an attempt to modify prospectively…

What Is Personal Use of Vehicle for 910 Claim?

Posted on January 13, 2010 by Jill Michaux, Topeka Consumer Bankruptcy Attorney

PERSONAL VS. BUSINESS USE FOR 910 CAR CLAIMS In re Lowder, Case No. 05-44802 August 2006, Judge Karlin Creditor objected to confirmation as debtor sought to avoid the 910 car loan restriction by arguing that she used the car to get to and from work and, therefore, not “personal”. Debtor contended that Toyota is entitled…

Tags: 1325(a)(5)(B), 506, 910 car claim, Bolze, business use, hanging paragraph, Humphrey, Judge Berger, Judge Karlin, Lowder, personal use

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