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Daily Archives: May 25, 2012
Ineligibility of Chapter 13 debtor for discharge does not preclude a plan that permits stripping off wholly-unsecured junior residential mortgages
“Chapter 20” was curtailed by BAPCPA, but it remains vitality for the purpose of lien stripping. The Bankruptcy Appellate Panel holds that the Bankruptcy Code allows a debtor to follow a Chapter 7 with a Chapter 13 in which he … Continue reading
Posted in General
Tagged Bankruptcy, Bankruptcy Appellate Panel, Chapter 13, Chapter 7
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