(Bankr. E.D. Ky. Jan. 6, 2017)
The bankruptcy court overrules the creditor’s objection to confirmation of the Chapter 13 plan. The creditor argued its claim, secured by the debtors’ mobile home, should be increased by the cost of delivery and set-up of the home. The court holds that set-up and delivery costs may not be used as a means to increase the replacement value as a matter of law. Opinion below.
Attorney for Debtor: Daryle M. Ronning
Attorneys for Creditor: McBrayer, McGinnis, Leslie & Kirkland, Zachary A. Horn
Author: Matt Lindblom