EXHIBIT 25.1

        STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939,
      AS AMENDED, OF THE BANK OF NEW YORK AS TRUSTEE UNDER THE INDENTURE



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                                   FORM T-1

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                           STATEMENT OF ELIGIBILITY
                  UNDER THE TRUST INDENTURE ACT OF 1939 OF A
                   CORPORATION DESIGNATED TO ACT AS TRUSTEE

                     CHECK IF AN APPLICATION TO DETERMINE
                     ELIGIBILITY OF A TRUSTEE PURSUANT TO
                            SECTION 305(b)(2) |__|
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                             THE BANK OF NEW YORK
              (Exact name of trustee as specified in its charter)

       New York                                           13-5160382
(State of incorporation                                (I.R.S. employer
if not a U.S. national bank)                           identification no.)

    One Wall Street, New York, N.Y.                      10286
(Address of principal executive offices)               (Zip code)
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                             Consumers Funding LLC
              (Exact name of obligor as specified in its charter)

         Delaware                                         38-3575109
(State or other jurisdiction of                        (I.R.S. employer
incorporation or organization)                         identification no.)

      Suite M-1029
      212 W. Michigan Avenue
      Jackson, MI                                        49201
(Address of principal executive offices)               (Zip code)



                             Securitization Bonds
                      (Title of the indenture securities)
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1.      General information. Furnish the following information as to the
Trustee:

     (a) Name and address of each examining or supervising authority to which
it is subject.



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                       Name                                                        Address
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        Superintendent of Banks of the State of New York         2 Rector Street, New York, N.Y.  10006,
                                                                 and Albany, N.Y. 12203

        Federal Reserve Bank of New York                         33 Liberty Plaza, New York, N.Y.  10045

        Federal Deposit Insurance Corporation                    Washington, D.C.  20429

        New York Clearing House Association                      New York, New York   10005



     (b) Whether it is authorized to exercise corporate trust powers.

         Yes.

2.      Affiliations with Obligor.

         If the obligor is an affiliate of the trustee, describe each such
affiliation.

         None.

     16. List of Exhibits.

         Exhibits identified in parentheses below, on file with the
         Commission, are incorporated herein by reference as an exhibit
         hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939
         (the "Act") and 17 C.F.R. 229.10(d).

         1.       A copy of the Organization Certificate of The Bank of New
                  York (formerly Irving Trust Company) as now in effect, which
                  contains the authority to commence business and a grant of
                  powers to exercise corporate trust powers. (Exhibit 1 to
                  Amendment No. 1 to Form T-1 filed with Registration
                  Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed
                  with Registration Statement No. 33-21672 and Exhibit 1 to
                  Form T-1 filed with Registration Statement No.
                  33-29637.)

         4.       A copy of the existing By-laws of the Trustee. (Exhibit 4 to
                  Form T-1 filed with Registration Statement No. 33-31019.)

         6.       The consent of the Trustee required by Section 321(b) of the
                  Act. (Exhibit 6 to Form T-1 filed with Registration
                  Statement No. 33-44051.)

         7.       A copy of the latest report of condition of the Trustee
                  published pursuant to law or to the requirements of its
                  supervising or examining authority.



                                   SIGNATURE


         Pursuant to the requirements of the Act, the Trustee, The Bank of New
York, a corporation organized and existing under the laws of the State of New
York, has duly caused this statement of eligibility to be signed on its behalf
by the undersigned, thereunto duly authorized, all in The City of New York,
and State of New York, on the 17th day of October, 2001.


                                      THE BANK OF NEW YORK


                                      By: /S/    STACEY POINDEXTER
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                                      Name:  STACEY POINDEXTER
                                      Title: ASSISTANT TREASURER