Under section 1325(a)(5), a chapter 13 plan cannot provide for different treatment of two vehicles which were purchased at different times with loans from the same creditor where both lending agreements included cross-collateralization clauses securing each loan by both vehicles. Barragan-Flores v. Evolve Federal Credit Union, No. 18-50420 (5th Cir. Jan 14, 2021). Read More
Tag Archive: cross-collateralization
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Two Vehicles Securing One Claim Must Receive Identical Treatment in Ch 13 Plan
Posted by NCBRC - January 21st, 2021
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