In re Thornton
(Bankr. S.D. Ind. May 23, 2016)
The bankruptcy court sustains the creditor’s objection to the proposed Chapter 13 plan, finding the creditor’s expert more credible than the debtor’s expert as to valuation of the debtor’s mobile home. Thus, the the creditor’s secured claim was higher than the amount provided for in the plan. The court also holds that certain of the appliances in the home are not accessions and thus are not subject to the creditor’s lien. Opinion below.
Attorney for Debtors: Albright and Albright, Attorneys at Law, Jonathan Lamoin Albright, Jr.
Attorney for Creditor: Timothy J. O’Connor
Author: Matt Lindblom