- 11 U.S.C.
In re Lucio
Feb
08
2010
Ruling
Confirmation denied where plan did not meet the best interests of creditors test.
Procedural posture
Debtors filed a petition under chapter 13 and a plan for repaying their creditors. A trustee who was appointed to administer the debtors' bankruptcy estate filed an objection to the debtors' plan, claiming that it did not meet the best interest of creditors test required by 11 U.S.C.S. § 1325(a)(4).
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Court
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