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: Cincinnati Law Library Blog

Chapter 13 surrenders of collateral

By Chuck Kallendorf

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Last week, the Sixth Circuit Court of Appeals said that ?due to a glitch or gap in a recent revision of the Bankruptcy Code intended to benefit creditors, the law is now silent on what happens to the remaining indebtedness in the surrender-or-the-car situation, the bankruptcy court below holding that the congressional mistake in drafting the revision means the remaining indebtedness is completely

Full post as published by Cincinnati Law Library Blog on March 11, 2008 (boomark / email).

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