Villie London

2:14-bk-25411Cacb16 de jan. de 2015

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UNITED STATES BANKRUPTCY COURT
CENTRAL DISTRICT OF CALIFORNIA
LOS ANGELES DIVISION
In re:
VILLIE LONDON,
Debtor.
Case No. 2:14-bk-25411-RK
Chapter 7
ORDER DENYING DEBTOR’S
MOTION FOR AUTHORITY TO
REDEEM PERSONAL PROPERTY
WITHOUT PREJUDICE
Pending before the court is Villie London (“Debtor”)’s Motion for Authority to
Redeem Personal Property (“Motion”). ECF 11. Debtor has not produced any credible
evidence on the fair market value of the property to be redeemed in support of the
Motion. The court accords little weight to the valuation opinion of Debtor regarding the
value of her vehicle because there is no detailed explanation of how she arrived at the
value of the property and thus, her lay opinion of value is insufficient to establish in the
court’s mind an actual belief as to the validity of her valuation opinion as the owner. See
1 Russell, Bankruptcy Evidence Manual, § 701:2 at 818-821 (2014-2015 ed.), citing inter
alia, In re Meeks, 349 B.R. 19, 22 (Bankr. E.D. Cal. 2006).
“The value of automobiles and other motor vehicles is usually established by
submitting relevant page(s) from the Kelley Blue Book Auto Market Report or the National
FILED & ENTERED
JAN 16 2015
CLERK U.S. BANKRUPTCY COURT
Central District of California
BY DEPUTY CLERK	bakchell
Case 2:14-bk-25411-RK Doc 26 Filed 01/16/15 Entered 01/16/15 15:59:40 Desc
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Automobile Dealers Association (NADA) Guide. Both sources are considered reliable
and admissible valuation evidence.” March, Ahart and Shapiro, Rutter Group California
Practice Guide: Bankruptcy, ¶ 8:1247 (2015 online ed.), citing In re Young, 390 B.R. 480,
492-493 (Bankr. D. Me. 2008) (Kelley Blue Book); In re Finnegan, 358 B.R. 644, 649
(Bankr. M.D. Pa. 2006) (noting use of both sources but Kelley Blue Book used “to a
lesser degree”); In re Bouzek, 311 B.R. 239, 243 (Bankr. E.D. Wis. 2004) (NADA Guide
and Kelley Blue Book).
For the reasons cited above, IT IS HEREBY ODERED the Motion is DENIED
WITHOUT PREJUDICE.
###
Date: January 16, 2015
Case 2:14-bk-25411-RK Doc 26 Filed 01/16/15 Entered 01/16/15 15:59:40 Desc
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