A. Introduction When should we regard dismissal or conversion of a chapter 13 as an unsuccessful bankruptcy? The arguments are familiar.Chapter 13 is the easiest, quickest, and cheapest way to stop foreclosures, repossessions, and garnishments by creditors.Desperate debtors can file a chapter 13 case without schedules, statements, or a plan and buy themselves a stay for a short period. And...
Critical Case Comment: In re Heideker
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By Henry E. Hildebrand, III, Chapter 13 Trustee for the Middle District of Tennessee
In re Heideker, 455 B.R. 263 (Bankr. M.D. Fla., June 2, 2011) (Adams)
If a Trustee objects to a Chapter 13 Debtor’s proposed plan modification, the Debtor cannot shorten the term of the plan below the applicable commitment period unless the Debtor pays all unsecured claims in full.
Case Summary
Debtors in two Chapter 13 cases proposed to modify their plans to pre-pay the amount they had proposed to pay when their plans were confirmed but do so . . .
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