In re Farooq
Jan
29
2010
Ruling
Plan confirmation denied due to failure to satisfy good faith or projected disposable income requirements.
Procedural posture
A standing chapter 13 trustee and a creditor objected to confirmation of an amended plan filed by the debtors on the grounds, inter alia, that the plan improperly attempted to bifurcate the creditor's claim into secured and unsecured components and did not clearly state how the secured claims were to be paid.
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Court
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