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In re Jensen

In re Jensen

Ruling
Voluntary contributions to qualified retirement plan within three months of petition date were not disposable income.
Issue(s)
Whether voluntary contributions to a qualified retirement plan constitute disposable income for purposes of a chapter 13 plan or are excluded from a debtor's disposable income and therefore sheltered from repayment to creditors in the context of a chapter 13 plan.

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Consumer opinion summary, case decided on July 26, 2013 , LexisNexis #0813-134