Type: Debtor
Date: March 30, 2009
Description: Whether a creditor holding a claim that includes the payoff of negative equity in a trade-in vehicle has a purchase money security interest entitled to protection of the hanging paragraph.
Result: Debtor won. 611 F.3d 1158 (9th Cir. 2010).
Penrod v. Americredit Fin. Servs., No. 08-60037 (9th Cir.)
Posted by NCBRC - August 30, 2011
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