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In re McNeeley

In re McNeeley

Ruling
Plan proposing retention of houseboat in which there was no equity while paying unsecured creditors less than eight percent of total claims was not proposed in good faith.
Procedural posture

Creditor sought relief from the automatic stay pursuant to 11 U.S.C. § 362(d)(2). Creditor and trustee objected to confirmation of chapter 13 debtors'proposed plan.

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opinion summary, case decided on April 09, 2007 , LexisNexis #0607-102