- 11 U.S.C.
In re Dennis
Sep
21
2009
Ruling
Chapter 12 plan confirmed subject to in-court modification providing protection to bank against debtors' possible future failure to make scheduled payment.
Procedural posture
Debtors, a husband and wife, filed a petition under chapter 12 of the Bankruptcy Code and a plan for repaying their creditors, A bank that held a security interest on a farm the debtors owned filed a motion to dismiss the debtors' bankruptcy case, claiming that the debtors did not have the ability to complete their plan. The court held a hearing on the bank's motion.
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Court
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