Penrod v. Americredit Fin. Servs., No. 08-60037 (9th Cir.)

Posted by NCBRC - August 30, 2011

Type: Debtor
Date: March 30, 2009
Description: Whether a creditor holding a claim that includes the payoff of negative equity in a trade-in vehicle has a purchase money security interest entitled to protection of the hanging paragraph.
Result: Debtor won. 611 F.3d 1158 (9th Cir. 2010).

Penrod 9th Cir opinion

Penrod Debtor’s brief