- 11 U.S.C.
In re Jacoby
Jul
21
2011
Ruling
Plan confirmation denied due to monthly payments on motorcycle that was not a necessary expense.
Procedural posture
Debtors declared chapter 7 bankruptcy and subsequently obtained the court's permission to convert their case to one under chapter 13 of the Bankruptcy Code. The debtors proposed a plan for repaying their creditors, and the United States Trustee ("UST") filed an objection to the debtors' First Modified Plan. The chapter 13 Trustee joined in that objection.
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Court
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