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

Bankruptcy – Plan Confirmation – Ch. 13 – 'Hanging Paragraph' – Surrendered Property (access required)

A bankruptcy court overrules two auto lenders' objections to confirmation of two debtors' respective Chapter 13 plans on the lenders' argument that the "hanging paragraph" of amendment to 11 U.S.C. Sect. 1325 by the 2005 Bankruptcy Act prohibits the proposed surrender of debtors' vehicles in full satisfaction of the amounts owed, which are more ...

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