What Happens in the Plan Stays in the Plan

What Happens in the Plan Stays in the Plan – Part I

By Mark C. Leffler1
click here for part II
“Gambling with a Chapter 13 discharge is a risky proposition” - the ominous opening line of a recent Colorado Bankruptcy Court decision that ended in dismissal due to a material default in plan payments. In re Formaneck, --- B.R. ---, 2015 WL 4241154 at *1 (Bankr. D.Colo. 2015). So, what's the big deal? What makes Formaneck noteworthy? Why write an . . .

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