The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
Critical Case Comment – AmeriCredit Financial Services Inc. v. Penrod (In re Penrod), 2010 WL 2794409 (9th Cir. July 16, 2010) (Mills)
Print This Article
Link to Post:
AmeriCredit Financial Services Inc. v. Penrod (In re Penrod), 2010 WL 2794409 (9th Cir. July 16, 2010) (Mills)
That portion of a secured obligation representing “negative equity” in the purchase of a motor vehicle for a debtor’s personal use within 910 days, is not part of the purchase money security interest and, accordingly, not subject to the protection of the “hanging paragraph.”
Summary of the Case
Marlene Penrod purchased a 2005 Taurus in September 2005. The . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
The “Snapshot” Rule – Part 1: The Circuits Begin to Line Up
Court Review of Fee Applications in Chapter 13: One Judge’s Perspective
Hanging Paragraph, Cars for Non-Personal Use, and PMSI
From the Editor – Classification
Lawyers are People Too: An Interview with Jenny Doling
Remember, Landlords Are Sacred Cows in Bankruptcy
From the Editor – Claims
Millions of ITINs Set to Expire in 2019; IRS Says Renew Early to Prevent Refund Delays
What Was the Most Unusual Debtor Asset or Case During Your Watch?
Critical Case Comment – Ignoring 3002.1 Will Cost You