Skip to main content

Are you a legal professional? Visit our professional site

Please enter a legal issue and/or a location
Begin typing to search, use arrow keys to navigate, use enter to select

Ford Motor Credit Co. Mierkowski, No. 08-3866

By FindLaw Staff on September 08, 2009 2:09 PM

Bankruptcy court's grant of debtors' motion to bifurcate creditor-Ford Motor Credit Company's claims is reversed and remanded as, under Missouri law, the amount financed to pay off the negative equity in the trade-in is part of the price of the new car, thus it is a purchase-money obligation and creditor has a purchase-money security interest securing its entire claim.  

Read Ford Motor Credit Co. Mierkowski, No. 08-3866

Appellate Information

Submitted: Junw 11, 2009

Filed: September 8, 2009

Judges

Opinion by Benton, Circuit Judge

Copied to clipboard

Find a Lawyer

More Options