In re Saunders
Oct
01
2007
Ruling
Debtor was ineligible under chapter 12 as loans for car dealership secured by farmland did not arise out of farming operation.
Procedural posture
A debtor filed for relief under chapter 12 and submitted a proposed plan. Two creditors objected to confirmation of the plan, alleging in part, that the debtor was not eligible for chapter 12 relief. The court held a hearing and issued findings of fact and conclusions of law.
ABI Membership is required to access the full summary of In re Saunders Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: