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In re Kleeb

In re Kleeb

Ruling
Creditor entitled to interest on loan that was modified as part of debtor's plan.
Procedural posture

In their chapter 13 proposed plan, debtors proposed to pay a creditor's secured claim in full at its 0 percent contract interest rate. They also sought to modify the terms of the contract to extend the repayment period by almost four years. The creditor objected to confirmation of the plan.

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Consumer opinion summary, case decided on May 23, 2008 , LexisNexis #0608-128