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Bankruptcy

: The Debt Podcast

Supreme Court decides Hamilton v Lanning: Projected Disposable Income in Chapter 13 Bankruptcy is not Strictly Mechanical

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One of the fundamental requirements to confirm a plan in a Chapter 13 bankruptcy is that (unless creditors are paid in full) the Debtor must pay for the benefit of unsecured creditors his or her “projected disposable income” to be received in an “applicable commitment period” (36 or 60 months).  Since the enactment of 2005 [...]

Full post as published by The Debt Podcast on June 08, 2010 (boomark / email).

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