The purchase money obligation is 90% of the total amount financed. So, it would seem that 90% of the remaining amount due should be purchase money obligation, and 10% of the remaining amount due is an unsecured claim.
Date of the decision: 5/8/07
Full decision click here.
Sunday, December 9, 2007
In re Barnes Case No: 06-11169
Posted by Rachel Lynn Foley at 11:18 AM
Labels: 910 vehicle, Judge Starzynski, negative equity, NMCOURT
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