Sunday, January 26, 2014

Post-Confirmation Surrender of Car and Deficiency Claim Allowed

In the case of Mario Amador, Case 05-44401-BKC-AJC (Bankr.S.D.Fla. April 29, 2008)(Cristol, J.), debtor allowed to modify chapter 13 plan to surrender vehicle. Creditor allowed to file unsecured deficiency claim. section 502(j). Section 502(j) controls the allowance or disallowance of claim taking into consideration the equities of the case.

See e.g. In re Arencibia, Case No. 01-40647-BKC-RAM, 2003 WL 21004969 (Bankr.S.D.Fla.2003)(section 502(j) provides the necessary authorization to reconsider a claim and allow the type of plan modification requested).