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In re Childers

In re Childers

Ruling
Debtor could modify plan for early payoff after death of spouse changed debtor's status from above to below median.
Issue(s)
Whether a chapter 13 debtor could modify her plan, after her husband died four years into their five-year plan, by using a portion of her exempt life insurance proceeds to pay off her plan a few months early.

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Consumer opinion summary, case decided on January 27, 2015 , LexisNexis #0315-063