IN RE VINSON

No. 07-04893-HB.

391 B.R. 754 (2008)

In re James Michael VINSON and Darla Jean Vinson, Debtors.

United States Bankruptcy Court, D. South Carolina.

January 25, 2008.


Attorney(s) appearing for the Case

Sharon K. Butler, Spartanburg, SC, for debtors.


ORDER ON OBJECTION TO CONFIRMATION OF PLAN

HELEN E. BURRIS, Bankruptcy Judge.

This matter comes before the Court to determine whether the financing of negative equity as part of a vehicle purchase loan destroys the purchase-money nature of the lender's security interest, making the flush language of 11 U.S.C. § 1325(a) inapplicable.

Findings of Fact

1. Bank of America, N.A., ("Lender") holds a claim secured by a first lien on...

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