Debtor must pay creditors or remain in bankruptcy 
By:
Pat Murphy
Published: July 20, 2010
Tags: above-median income, Bankruptcy Abuse Prevention and Consumer Protection Act, CHAPTER 13, unsecured creditors
An “above median” debtor could not obtain confirmation of a Chapter 13 bankruptcy plan lasting less than five years, the 11th Circuit has ruled in reversing judgment.
No ‘deductions’ for above-median debtors
By:
Sylvia Hsieh
Published: November 20, 2009
Tags: above-median income, CHAPTER 13
Chapter 13 debtors cannot deduct payments to secured creditors for property they intend to abandon, the 9th Circuit Bankruptcy Appellate Panel has ruled in reversing a bankruptcy court.
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