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Home / Opinion Digests / Ch. 13 Plan Should Consider Social Security (access required)

Ch. 13 Plan Should Consider Social Security (access required)

The 4th Circuit says the Bankruptcy Code excludes Social Security income from the calculation of “projected disposable income” in a debtor’s proposed Chapter 13 plan, but such income nevertheless must be considered in evaluating the plan’s feasibility, and this case will go back to the bankruptcy court. The bankruptcy court determined that if debtor’s monthly payments ...