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08-137 - AmeriCredit Financial Services v. Liebold et al


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08-137 - AmeriCredit Financial Services v. Liebold et al
May 15, 2008
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AGREED JUDGMENT reversing the Order of the U.S. Bankruptcy Court entered on January 9, 2008, which overruled the objection to confirmation filed by AmeriCredit and held that debtors could surrender their vehicle in full satisfaction of AmeriCredit's claim as amended by BAPCPA of 2005. AmeriCredit shall have an allowed unsecured claim for the deficiency balance on its account, thereby reversing the Order of the U.S. Bankruptcy Court. This matter is remanded to the U.S. Bankruptcy Court for proceedings consistent with this Agreed Judgment. Signed by District Judge Thomas A Varlan on May 15, 2008. (AYB)