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In re Batista-Sanchez

In re Batista-Sanchez

Ruling
Confirmation denied due to failure to provide for creditor's unsecured deficiency claim, violation of absolute priority rule and failure to pay future earnings into plan.
Issue(s)
Should confirmation denied due to plan's failure to provide for creditor bank's unsecured deficiency claim and violation of the absolute priority rule?

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Commercial opinion summary, case decided on January 31, 2014 , LexisNexis #0314-027