Bankruptcy No. 880-00967-17.

4 B.R. 12 (1980)

In the Matter of George T. SMITH, and Shirley Ann Smith, Debtors.

United States Bankruptcy Court, E.D. New York.

May 22, 1980.

Attorney(s) appearing for the Case

Murov & Ades, Lindenhurst, N.Y., by Paul R. Ades, Lindenhurst, N.Y., for objecting creditor.

Donner, Fagelson, Hariton & Berka, P.C., Bay Shore, N.Y., by Frederick Fagelson, Bay Shore, N.Y., for debtors.


BORIS RADOYEVICH, Bankruptcy Judge.

The debtors filed their petition, statement and plan pursuant to chapter 13 of the Bankruptcy Code on 28 February, 1980. The plan fixed the value of the debtor's automobile at $2,600.00 pursuant to section 506 and 1325 of the Bankruptcy Code. It also provided that GMAC, the holder of a security interest in the debtors' vehicle, should retain a lien in that amount and be paid $72.22 per month for 36...

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