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

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

A bankruptcy court rejects a finance company's objection to debtors' Chapter 13 plan which the finance company says would "cram down" the secured portion of the company's security interest in debtors' 2005 Chrysler van to the present value of the van and treat the remainder of the company's claim as unsecured, a bifurcation that the ...