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MATTER OF COLLINS

Bankruptcy No. 81-01292.

24 B.R. 77 (1982)

In the Matter of Douglas (NMI) COLLINS, Debtor. Douglas (NMI) COLLINS, Plaintiff, v. GENERAL MOTORS ACCEPTANCE CORPORATION, A New York Corporation, Defendant.

United States Bankruptcy Court, E.D. Michigan, S.D.

September 30, 1982.

Attorney(s) appearing for the Case

Douglas M. Philpott, Brownell, Andrews, Philpott & Piper, Flint, Mich., for defendant.

T. Boice Purdy, P.C., Flint, Mich., for debtor/plaintiff.

MEMORANDUM OPINION

HAROLD H. BOBIER, Bankruptcy Judge.

Introduction.

Plaintiff, debtor in this contested matter, has objected to a claim filed by defendant, General Motors Acceptance Corporation (G.M.A.C.), based upon a secured automobile loan made by G.M.A.C. to the debtor. The court has set the value of the collateral at $4,500 for purposes of secured treatment under the Chapter 13 plan.

There are two issues requiring resolution. First...

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