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Home / Opinion Digests / Bankruptcy – Plan Confirmation – Extended Payment Period (access required)

Bankruptcy – Plan Confirmation – Extended Payment Period (access required)

Where the bankruptcy court made no specific finding about what constituted "good cause" for approving a plan for payment over a period of 42 months, as opposed to the three-year period under 11 U.S.C. § 1322(c), the order confirming the 13 plan is reversed. The record reveals no evidence or even argument as to the ...

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