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...
Critical Case Comment
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By Henry E. Hildebrand, III, Chapter 13 Trustee (Nashville, TN)
Chapter 13 debtor may exclude from disposable income amounts projected to be paid to an employer sponsored 401(k) where such payments are consistent with pre-filing contributions made to the retirement account. Davis v. Helbling, 2020 WL 2831172 (6th Cir. June 1, 2020) (Larsen)
Case Summary
In 2017, Camille Davis filed a Chapter 13 petition proposing to repay substantial unsecured debts (approximately $189,000) over five years. She proposed a small dividend, paying her projected disposable income to the trustee. In calculating her projected disposable . . .
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