IN RE TRIMBLE

No. 94-1472.

50 F.3d 530 (1995)

In re Donald Allen TRIMBLE, Debtor. Metrobank, Creditor/Appellant, v. Donald Allen TRIMBLE, Debtor/Appellee.

United States Court of Appeals, Eighth Circuit.

Decided March 14, 1995.


Attorney(s) appearing for the Case

Marcus Hubert, East Moline, IL, argued, for appellant.

James C. Wherry, Davenport, IA, argued, for appellee.

Before FAGG, Circuit Judge, ROSS, Senior Circuit Judge, and MAGILL, Circuit Judge.


ROSS, Senior Circuit Judge.

Appellant/creditor Metrobank appeals from the district court decision that, pursuant to 11 U.S.C. § 506(a) of the Bankruptcy Code, the value of the bank's secured interest in an encumbered vehicle that the appellee/debtor intends to retain under his chapter 13 reorganization plan is limited to the wholesale value of the vehicle. We reverse.

I.

Appellee/debtor Donald Allen Trimble secured financing through appellant...

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