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In re Pires

In re Pires

Ruling
Confirmation of "hybrid" plan denied.
Procedural posture

Objectors, two secured creditors holding mortgages on property of a chapter 13 debtor, opposed confirmation of her proposed plan on the ground that the plan's treatment of their secured claims was improper for various reasons including that it was a "hybrid" plan that was prohibited by 11 U.S.C.S. § 1322 and that even if hybrid plans were permitted, the plan proposed herein nonetheless did not satisfy the criteria for same in In re McGregor.

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Consumer opinion summary, case decided on November 07, 2011 , LexisNexis #1211-024