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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; 10th Circuit Court of Appeals</title>
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		<title>10th Circuit Court of Appeals Rules Negative Equity is Purchase Money</title>
		<link>http://wwrbankruptcy.com/2009/08/24/10th-circuit-court-of-appeals-rules-negative-equity-is-purchase-money/</link>
		<comments>http://wwrbankruptcy.com/2009/08/24/10th-circuit-court-of-appeals-rules-negative-equity-is-purchase-money/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 19:14:37 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Motor Vehicle]]></category>
		<category><![CDATA[10th Circuit Court of Appeals]]></category>
		<category><![CDATA[910-day rule]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[negative equity]]></category>
		<category><![CDATA[purchase money security interest]]></category>
		<category><![CDATA[secured claim]]></category>
		<category><![CDATA[vehicle]]></category>

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		<description><![CDATA[Under Bankruptcy law, a debtor cannot cram down a secured claim when the creditor has a purchase money security interest in a motor vehicle acquired for the debtor’s personal use within 910 days of a debtor’s bankruptcy filing.  In some vehicle purchase transactions, debtors trade-in a vehicle in order to purchase a new vehicle.  If [...]]]></description>
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