- 11 U.S.C.
In re Seafort
Jun
22
2009
Ruling
Plan that excluded 401(k) loan payments from projected disposable income calculation could be confirmed.
Procedural posture
In consolidated cases, the debtors filed for relief under chapter 13 of the Bankruptcy Code. The debtors all sought to exclude their proposed 401(k) contributions from projected disposable income, which would otherwise have to be paid into their chapter 13 plans.
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Court
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