United States Tenth Circuit
Ford v. Ford Motor Credit Corp., 08-3192
In an appeal from a bankruptcy court's order rejecting debtors' proposed Chapter 13 bankruptcy plan, the order is affirmed where the bifurcation of "negative equity" owed by debtors on a car loan was impermissible under the "hanging paragraph" of 11 U.S.C. section 1325(a).
Appellate Information
- Decided 08/03/2009
- Published 08/03/2009
Judges
- MURPHY, Circuit Judge., Before MURPHY, SEYMOUR, and TYMKOVICH, Circuit Judges.
Court
- United States Tenth Circuit
Counsel
- For Appellant:
- Michael J. Studtmann, Law Office of Michael J. Studtmann, P.A., Wichita, KS, for Appellant.
- For Appellees:
- Thomas D. Lasater, Fleeson, Gooing, Coulson & Kitch, L.L.C., Wichita, KS (William M. Burke, Costa Mesa, CA, and Lyndon W. Vix, Fleeson, Gooing, Coulson & Kitch, L.L.C., Wichita, KS, with him on the brief), for Appellee., Charles R. Hay, Foulston Siefkin LLP, Topeka, KS, filed an Amici Curiae brief on behalf of American Financial Services in support of Appellee., Patricia E. Hamilton, Henson, Hutton, Mudrick & Gragson, LLP, Topeka, KS, filed an Amici Curiae brief on behalf of The Kansas Bankers Association, in support of Appellee.