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Home / Opinion Digests / Bankruptcy – Plan Confirmation – Ch. 13 – 'Hanging Paragraph' – Personal Use (access required)

Bankruptcy – Plan Confirmation – Ch. 13 – 'Hanging Paragraph' – Personal Use (access required)

A bankruptcy court denies confirmation of debtor's proposed Chapter 13 plan, which proposes to bifurcate the claim of a finance company to debtor's 2001 Chrysler van, an action not permitted under the "hanging paragraph" amendment in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Debtor's proposed plan placed a value of $6,025 on the ...

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