In re Minor
Sep
26
2012
Ruling
Reaffirmation agreement approved where collateral was necessary to debtor's business and adjustments to lifestyle indicated payment would not lead to deficit.
Procedural posture
A bankruptcy debtor owed a debt on the debtor's truck and sought to reaffirm the debt and retain the truck, even though the debtor's schedules indicated that reaffirming the debt would result in a monthly deficit. The debtor sought approval of the reaffirmation agreement.
ABI Membership is required to access the full summary of In re Minor Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: