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In re Baillargeon

In re Baillargeon

Ruling
Plan did not meet "best interests of creditors" test due to omission of value of debtor's interest in house.
Procedural posture

Debtors filed a petition under chapter 13 of the Bankruptcy Code, and a plan for repaying their creditors. A trustee was appointed to represent the bankruptcy estate, and he filed an objection to the debtors' plan.

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Consumer opinion summary, case decided on June 13, 2008 , LexisNexis #0808-027