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Debtors’ right to reduce bankruptcy payments limited (access required)

Published: November 4, 2011

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Married debtors were not entitled to a drastic reduction in their monthly payment obligations under their confirmed bankruptcy plan when one of them lost a second job, the 8th Circuit Bankruptcy Appellate Panel has ruled in affirming judgment. The debtors were obligated to pay the bankruptcy trustee $1,890 per month for a period of 60 months ...
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