In re Travis M. Rondo and Melissa A. Rondo, Chapter 13

Fri, 24 Apr 2026 02:11:54 +0000
Bankruptcy

The US Bankruptcy Court for the Eastern District of Michigan denied the Chapter 13 Trustee's Motion for Reconsideration of the April 1, 2026 Confirmation Order, which had set the cram down value of Debtors' 2015 Chevrolet Equinox at $5,750.00 (retail value of $10,100.00 minus $4,350.00 in repair costs) with a 7.75% interest rate. The Trustee sought to use private party value ($6,533) as the starting point, but the Court affirmed its application of the Rash replacement-value standard requiring retail value for cram down treatment of secured claims in Chapter 13 plans.