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IN RE TRIPPLETT

No. 00 B 31401.

256 B.R. 594 (2000)

In re Laetitia TRIPPLETT, Debtor.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

December 28, 2000.

Attorney(s) appearing for the Case

Gus Sparagis, Macey & Chern, Chicago, IL, for Debtor.

Michael L. Sherman, Sherman & Sherman, Chicago, IL, for Creditor.

MEMORANDUM OF OPINION

EUGENE R. WEDOFF, Bankruptcy Judge.

This Chapter 7 case has come before the court on the debtor's motion to redeem her automobile, pursuant to § 722(a) of the Bankruptcy Code (11 U.S.C.). The motion proposes payment at a midpoint between the retail and wholesale values of the automobile, as set out on an appraisal submitted by the debtor. The creditor holding the lien on the automobile has objected, contending that, in order to...

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