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In re Wallace

In re Wallace

Ruling
Chapter 13 plan calling for balloon payment to creditor whose claim was secured by real property could not be confirmed.
Procedural posture

A creditor filed an objection, pursuant to 11 U.S.C. § 1325(a)(5)(B)(iii), to the individual debtors'chapter 13 plan.

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Consumer opinion summary, case decided on November 12, 2007 , LexisNexis #0108-128