- 11 U.S.C.
In re DeThample
Jul
24
2008
Ruling
Singular nonrecurring 401(k) distribution could be overlooked in computing debtors' current monthly income.
Procedural posture
Debtors, a husband and wife, filed a petition under chapter 13 of the Bankruptcy Code and a plan for repaying their creditors. A bankruptcy trustee was appointed to represent the bankruptcy estate, and she filed an objection to the debtors' plan, claiming, inter alia, that it should not be confirmed because the debtors failed to include a disbursement the wife received from a 401(k) plan when they calculated their projected disposable income.
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Court
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