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In re Nance

In re Nance

Ruling
Above-median debtor required to propose five-year plan unless unsecured creditors were paid in full.
Procedural posture

In each of the debtors'cases, the chapter 13 trustee objected to confirmation on the grounds that the proposed plan failed to use the proper methodology to calculate "projected disposable income" and/or failed to provide for payment of all of debtors'disposable income for a period of five years.

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opinion summary, case decided on July 10, 2007 , LexisNexis #0907-057