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Bankruptcy

: The Debt Podcast

When can (or must) Postpetition Interest be Paid through a Plan?

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Oversecured claims are entitled to postpetition interest in a plan if they are being paid through a plan. A claim is oversecured when their is some equity in the collateral after deduction of the claim (and any senior secured claims). On the other hand, claims that are undersecured or unsecured can not be [...]

Full post as published by The Debt Podcast on October 26, 2008 (boomark / email).

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