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Debtors in Chapter 13 Bankruptcy now allowed more affordable monthly payments

July 9th, 2010 · No Comments

A recent Supreme Court decision should allow for debtors in future bankruptcy cases to have more affordable payments. The Supreme Court in Hamilton v. Lanning has made a decision which should allow debtors to propose Chapter 13 payment plans which take the debtors’ actual income and expenses into account. Prior to this decision, debtors’ Chapter [...]

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Tags: Bankruptcy · News