Under 1329 the ‘Disposable Income Test’ Applies In A Post-Confirmation Plan Modification – Doesn’t It?

By Joseph A. Bledsoe, III, Chapter 13 Standing Trustee for the Eastern District of North Carolina

Recently, I had a spirited conversation with a reputable debtors’ attorney regarding the application of 11 U.S.C. § 1325(b) to a post-confirmation plan modification under 11 U.S.C. § 1329. Now, I know this topic is old news for most of you, and that courts have been considering this issue since before I got my law license, but please stay with me.

I received a proposed modification and emailed the debtors’ attorney to request some supporting documentation – namely, an . . .

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Tax Time Guide: Contribute to an IRA by April 15 to claim it on 2018 tax returns

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3/19/19 IRS reminded taxpayers that it’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a 2018 tax return. Anyone with a traditional IRA may be eligible for a tax credit or deduction on their 2018 tax return if they make contributions by April 15, 2019. This news release is part of a...

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George Stevenson

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My life in 1982 was in a bit of turmoil. I had recently gotten married and was working as in-house counsel for a regional furniture retailer. My position included a lot of collection work – beating up on debtors in state and bankruptcy courts. I was not unhappy but I was not comfortable with my work – it was clear...

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Henry E. Hildebrand, III

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ZOOM – Instructions/Directions from the Office of Ronda Winnecour, Standing Chapter 13 Trustee*

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Henry E. Hildebrand, III

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