In re Novak
Dec
12
2007
Ruling
Repayment of 401(k) loan should be prorated.
Procedural posture
Objector, the chapter 13 trustee, opposed confirmation of a chapter 13 plan proposed by debtor to the extent that it allocated but did not prorate the funds needed to repay debtor's loan to her section 401k plan. At issue was whether such treatment was proper under 11 U.S.C. § 1322(f) and 11 U.S.C. § 1325.
ABI Membership is required to access the full summary of In re Novak Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: