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IN RE SCOTT

No. 09-44705 (MBK).

437 B.R. 168 (2010)

In re Karen Elaine SCOTT, Debtor.

United States Bankruptcy Court, D. New Jersey.

September 27, 2010.

Attorney(s) appearing for the Case

William H. Oilver, Jr., Esq. , Brandywine Commons, Neptune, N.J., for Debtor, Karen Elaine Scott.

John R. Morton, Jr., Esq. , Moorestown, N.J., for J.P. Morgan Chase Bank, NA.

OPINION

MICHAEL B. KAPLAN, Bankruptcy Judge.

I. INTRODUCTION

This matter comes before the Court on the Chapter 13 petition filed by the Debtor, Karen Scott, in contemplation of approval of the Debtor's Plan of Confirmation, together with objections interposed by Toyota Motor Credit. The principal issue before the Court is how to calculate the replacement value of a used vehicle for cram down purposes, including the appropriate commercial valuation...

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