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In re Erickson

In re Erickson

Ruling
Confirmation of chapter 12 plan denied due to failure to pay unsecured creditors the same amount as they would received under chapter 7.
Procedural posture

When debtor moved for confirmation of his third amended chapter 12 plan, the trustee and one creditor objected. At issue was whether plan confirmation under 11 U.S.C. § 1225 was properly denied.

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Consumer opinion summary, case decided on April 26, 2012 , LexisNexis #0512-098