IN RE SMITH

No. 07-30540.

401 B.R. 343 (2008)

In re Sheena SMITH, Debtor.

United States Bankruptcy Court, S.D. Illinois.

June 25, 2008.


Attorney(s) appearing for the Case

Tobias Licker, Law Office of Tobias Licker, St. Charles, MO, for Debtor.


DECISION AND ORDER SUSTAINING GMAC'S OBJECTIONS TO THE FIRST AND SECOND AMENDED PLANS.

PAMELA PEPPER, Bankruptcy Judge.

The debtor purchased a Chevrolet Tahoe within 910 days of filing for Chapter 13 protection. Creditor GMAC holds a security interest in the Tahoe. GMAC has objected to the debtor's first and second amended Chapter 13 plans, because both plans propose to cram down GMAC's claim to the value of its collateral. GMAC alleges that it has a "purchase...

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