By Lawrence R. Ahern, III, Brown & Ahern (Nashville, TN) Click here for Part I, Introduction to the 2019 Legislation Click here for Part II, Five Things a Trustee Should Know About SBRA Part III The Small Business Reorganization Act of 2019 (SBRA)1 is of interest to attorneys whose clients in troubled . . . It looks like you are...
Critical Case Comment – In re Turner, 425 B.R. 918 (Bankr. S.D. Ga. March 17, 2010) (Barrett)
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In re Turner, 425 B.R. 918 (Bankr. S.D. Ga. March 17, 2010) (Barrett)
The “applicable commitment period” is temporal and is not simply a multiplier used to determine the amount of money to be distributed to unsecured creditors in a Chapter 13 plan.
Summary of the Case
The debtors proposed a Chapter 13 plan that required them to make monthly payments of $457 a month for 36-months. Their plan guaranteed a dividend of 0 . . .
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