James Edward Novak, Jr., and Cindy Kay Novak, Ch. 13, BK13-81082-TJM (Dec. 18, 2013)
In a dispute about the value of the debtors’ vehicle, the lender’s NADA report was more credible than the debtors’ appraisal. The court found the value to be nearly equal to the amount of the lender’s claim. Because the debtors had used a lower valuation in their plan, the court gave them time to file an amended plan.