In re Beasley (07-40280)
Creditor objected to confirmation of Debtor's Chapter 13 Plan, where Debtor proposed to bifurcate the Creditor's claim on a vehicle driven and used exclusively by his wife. Overruling Creditor's objection, the court held that the hanging paragraph of 1325(a)(*) does not prevent bifurcation of a purchase money security interest on a 910 day vehicle where the vehicle was not purchased for the personal use of the Debtor.
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Date:
Monday, October 1, 2007