Chapter 13 Plan Confirmed Where Debtor’s Ex-Spouse/Roommate’s Contribution to Household Expenses Substantially Increased Dividend to Unsecured Creditors

Chapter 13 Plan Confirmed Where Debtor’s Ex-Spouse/Roommate’s Contribution to Household Expenses Substantially Increased Dividend to Unsecured Creditors

After a creditor objected to confirmation of her Chapter 13 plan, the Debtor radically revised her plan so that unsecured creditors would receive a $30,000 dividend instead of the  $2,000  she initially proposed. The bases for the increased payout were (1) extending the plan term to 60 months and (2) an additional contribution from her ex-husband who still lived with the Debtor.

Please note, in order to view NACBA Member Content, you must sign in and then visit NEWS. If you are not a NACBA member, you may Become a NACBA Member 

No Comments

Post a Comment