- 11 U.S.C.
In re Amos
Jun
28
2011
Ruling
Confirmation of plan including no payments to unsecured creditors while making payments on vacation home loan denied for lack of good faith.
Procedural posture
Chapter 13 debtors sought confirmation of a plan under that proposed to cure the arrearage on a mortgage loan secured by a vacation home, while also maintaining substantial monthly payments on only the first mortgage on that property. The plan proposed to make no payments to unsecured creditors, and the second mortgage creditor objected to the plan as not brought in good faith under 11 U.S.C.S. § 1325(a)(3).
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Court
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