[CLBS] 910 claim

[Randy French]

I would think that the second loan was not a purchase money security
interest.  Was there a new security agreement executed with the second loan?





-----Original Message-----
From: CLBS [mailto:clbs-bounces at admws.idaho.gov] On Behalf Of Aaron Tolson
Sent: Tuesday, November 10, 2015 4:56 PM
To: clbs at admws.idaho.gov; clbs-bounces at admws.idaho.gov
Subject: [CLBS] 910 claim

My client has an underwater car worth 5000, the original loan from a credit
union past 910 days is still 9500.  They then got a cross collateralized
loan for another 10,000 that was within 910 days.  Can I cram this car down
in a 13?  I seem to find authority for both positions.  Thx
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