By Cathy Moran, Esq. (Redwood City, CA) The Federal Reserve reported that 40% of Americans couldn’t meet a $400 emergency without borrowing. A significant slice of them couldn’t pay it at all. So, a Bloomberg economist devoted his column to deconstructing how the press and political figures, in his opinion, misused that finding. OMGoodness. The guy was too caught up...
The ACP: Applicable or Immutable? Part 3 of 4
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By Mark C. Leffler and Emily Connor Fort
click here for part 1, click here for part 2, click here for part 4
This multi-part article explores the connection between the applicable commitment period (“ACP”) set forth in §1325(a)(4) and post-confirmation modified plans filed pursuant to §1329(b). In Part I, we examined whether debtors may modify their plans after confirmation to shorten the length of the payments below the . . .
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