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When are Balloon Plans Permissable under BAPCPA?

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When are Balloon Plans Permissable under BAPCPA?

11-12-2008, 12:50 PM	#1
Repair Bad Credit Elite Member Join Date: Aug 2006 Posts: 2,121	Section 1325(a)(5) of the Bankruptcy Code, added as part of the 2005 BAPCPA amendments, imposed a new requirement on Chapter 13 plans. The section states, in part: “The court shall confirm a plan if [...] with respect to each allowed secured claim provided for by the plan [...] property to be distributed pursuant to this [...] More...

« Evidence that the Median Income Tables Unfairly Push Working Poor into Chapter 13 | Federal Tax Liens and Personal Property in Bankruptcy »

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