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Bankruptcy

: The Debt Podcast

1st Circuit B.A.P. Rules on Balloon Payments

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The U.S. Bankruptcy Appellate Panel for the First Circuit recently issued its highly-anticipated decision on the permissibility of balloon payments in Chapter 13. The long-and-short of it is that the panel held that the 2005 bankruptcy amendments eliminated balloon payments as an option for Chapter 13 debtors. The case Hamilton v. Wells Fargo [...]

Full post as published by The Debt Podcast on March 09, 2009 (boomark / email).

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