By Lawrence R. Ahern, III, Brown & Ahern (Nashville, TN) Introduction As of April 16, 2020, more than 22,000,000 people in the United States were reported to have filed for unemployment aid, "a staggering loss of jobs that has wiped out a decade of employment gains and pushed families to line up at food banks as they await government help."1...
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By Henry E. Hildebrand, III, Chapter 13 Standing Trustee for the Middle District of Tennessee
In re Nachon-Torres, 520 B.R. 306 (Bankr. S.D. Fla. November 24, 2014) (Isicoff): Modification of a confirmed Chapter 13 plan under § 1329 can only be effected based upon changes in the debtor’s circumstances which were not known or not virtually certain; when a plan is modified, the “best interest of creditors test” is applicable as of the date of the modified plan.
Case Summary
Judge Isicoff considered several Chapter 13 cases where debtors had sought to modify . . .
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