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In re Zair

In re Zair

Ruling
Confirmation granted over objection of secured creditor to whom debtor's non-residential property would be surrendered under the plan.
Issue(s)
Whether debtors may confirm a chapter 13 plan which provides, inter alia, that certain residential real property at which debtors do not reside may be surrendered and vested in a secured creditor over that secured creditor's objection?

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Consumer opinion summary, case decided on August 13, 2015 , LexisNexis #0915-032