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IN RE ADAMS

No. 08-12192.

403 B.R. 387 (2009)

In re Phillip Joseph ADAMS, Debtor.

United States Bankruptcy Court, E.D. Louisiana.

March 27, 2009.

Attorney(s) appearing for the Case

Eugene B. Gerdes, III, Hammond, LA, for Adams.

REASONS FOR ORDER OVERRULING OBJECTION TO PLAN CONFIRMATION

ELIZABETH W. MAGNER, Bankruptcy Judge.

This matter came before the Court on Toyota Motor Credit's ("Toyota") Objection to Confirmation of Debtor Phillip Joseph Adams' ("Debtor") proposed chapter 13 plan ("Plan").

BACKGROUND

On February 26, 2007, Debtor entered into a retail installment contract ("Contract") for the purchase of a 2007 Toyota Tundra ("Vehicle"). All rights and interest...

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