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Home / Opinion Digests / Bankruptcy – Confirmed Plan – Vehicle Surrender – 'Hanging Paragraph' (access required)

Bankruptcy – Confirmed Plan – Vehicle Surrender – 'Hanging Paragraph' (access required)

The surrender of debtor's 2005 Ford Mustang to claimant credit union under the terms of debtor's confirmed Chapter 13 plan discharged his obligation to the credit union and the bankruptcy court sustains debtor's objection to the credit union's claim for an unsecured deficiency after selling the car. Both debtor and the credit union argue that this ...

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