statement listed the collateral as shown on the security agreement. On April 21, 1986, Mr. Gillie signed a note in the amount of $6,166.02, including interest at 17.77% per annum payable to the Bank in 42 monthly installments of $146.81 each. The amount financed included credit life and credit health and accident premiums in the amount of $316.90. The noted listed “Table, Chairs, and Entertainment Center” as security for the loan. The note also recited the June 19, 1985 security agreement as security for the loan. Mr. Gillie signed no Security Agreement or Financing Statement. Although the Bank stamped the note signed by Mrs. Gillie “PAID BY RENEWAL”, the note signed by Mr. Gillie did not recite that it renewed or extended the note signed by M ), 9 B.R. 710 (Bankr.M.D.Ga.1981) (<HOLDING>). Disagreeing with Matthews are courts from the
holding that where a security agreement contained collateral other than collateral for which creditor advanced funds to debtor since it secured antecedent debts as well as new debt and the agreement provided that the security interest secured payment and performance of the debtors present and future debts to the creditor the creditor did not have a pmsi and the debtors could avoid the creditors lien on collateral claimed as exempt holding that property seized by a creditor prior to debtors bankruptcy was property of the estate even though creditor  the irs  held a secured interest  a tax lien  in the property holding that the secured creditor was only entitled to the amount of its claim as provided in the debtors chapter 13 plan when the destruction of the vehicle yielded insurance proceeds greater than the secured creditors claim holding that under colorado law refinancing of a purchase money loan whereby an old note and security agreement were canceled and replaced by a new note and security agreement did not automatically extinguish the creditors pmsi in the debtors furniture the parties did not intend the new note to extinguish the original debt and security interest in that identical collateral remained almost no new money was advanced and the document specifically stated an intent to continue the pmsi holding a secured creditor has standing to appeal a ruling that impacted its financial interest in collateral