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In re Stull

In re Stull

Ruling
Confirmation of above median debtor's plan denied due to proposal to pay interest on unsecured student loan debt without paying other unsecured creditors in full.
Procedural posture

An above-median income debtor filed a petition under chapter 13 of the Bankruptcy Code and proposed a plan for paying his creditors that treated his nondischargeable student loan debt more favorably than his other unsecured creditors by paying it in full with interest over the plan's duration. The chapter 13 trustee filed an objection to confirmation of the debtor's plan.

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Consumer opinion summary, case decided on March 27, 2013 , LexisNexis #0613-067