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IN RE BASON

Bankruptcy No. 1-80-02230.

20 B.R. 49 (1982)

In re Janice Underdown BASON, Debtor.

United States Bankruptcy Court, E.D. Tennessee.

April 23, 1982.

Attorney(s) appearing for the Case

Larry B. Nolen, Athens, Tenn., for debtor, Janice Underdown Bason.

James F. Watson, Athens, Tenn., for Liberty Bank of Tennessee.

MEMORANDUM

RALPH H. KELLEY, Bankruptcy Judge.

The debtor filed an Application to Redeem a 1978 Pontiac automobile for $2,093.02.* Debtor alleges this is the balance owed on the automobile financed by the Liberty Bank of Tennessee.

The bank objects to the proposed redemption by asserting that the redemption price should be $5,000.00, which is the present value of the automobile...

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