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In re Watkins (Case No. 04-74730) 03/30/2005

Liquidation value as of filing date is the proper standard for valuing vehicle for purpose of redeeming under 11 U.S.C. section 722.  Debtor bears burden of proving that the value is less than the debt secured thereby.

Date: 
Wednesday, March 30, 2005
Category: 
Redemption
Valuation
Chapter: 
7