In re Wensel
Apr
04
2013
Ruling
Confirmation denied due to debtor's failure to include tax refunds in projected disposable income.
Procedural posture
Chapter 13 bankruptcy debtors proposed a plan which provided for payment to creditors of all of the debtors' projected disposable income as required by 11 U.S.C.S. § 1325(b), including tax refunds determined by averaging the past three years tax refunds, annualizing the average, and incorporating that amount in disposable income. The bankruptcy trustee objected to confirmation of the debtors' plan.
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Court
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