By Robert (Bob) Schuman, Owner/Managing Broker, Network Financial Group Is it 2008 again? For us in the mortgage industry, we woke up this week feeling as if during the night, we were transported back to 2008 when the mortgage industry basically collapsed. Then, Fannie Mae, Freddie Mac, and the FHA were the exceptions. As of March 25, 2020, like everything...
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By Henry E. Hildebrand, III, Chapter 13 Trustee for the Middle District of Tennessee
In re Stewart, No. 13-33037 HCD (Bankr. N.D. Ind. Filed August 26, 2014) (Dees). When a below-median income debtor establishes good cause permitting the extension of a Chapter 13 plan beyond 36 months, the debtor must commit all projected disposable income to the plan for the entire term of the plan.
Case Summary
Ms. Stewart filed a Chapter 13 plan as a below-median income debtor and proposed to make no distribution to unsecured creditors, pay priority claims in . . .
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