- 11 U.S.C.
In re Boyd
Jan
14
2013
Ruling
Chapter 13 plan could not provide for termination short of applicable commitment period.
Procedural posture
Trustee objected to a chapter 13 plan proposed by a below-median income debtor and sought dismissal on grounds that confirmation was improper given the inclusion therein of an early termination (ET) clause allowing debtor to exit chapter 13 in 31 months if trustee commissions and debtor's attorneys fees were paid, which period was five months less than the applicable commitment period (ACP) in 11 U.S.C.S. § 1325(b)(4)(A).
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Court
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