By Lawrence R. Ahern III, Brown & Ahern (Nashville, TN) Introduction In In re Dao,1 Bankruptcy Judge Christopher Klein on May 11 ruled on an issue on which the circuits are split and certiorari is pending.2 Judge Klein agreed with the majority view that, under paragraph 362(c)(3) of the Bankruptcy Code, the automatic stay terminated 30 days after the order...
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By Kevin R. Anderson, Chapter 13 Trustee for the District of Utah
CASE SUMMARY
Pliler v. Stearns (In re Pliler), 2014 WL 1259569 (4th Cir. March 28, 2014): On their Form 22C, the above-median debtors showed negative monthly disposable income. The plan proposed a zero return to nonpriority unsecured creditors and included “early termination” language allowing the case to be deemed completed within 55 months. The bankruptcy court denied confirmation unless the plan required payments for the applicable commitment period of 60 months. The debtors appealed arguing that the . . .
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