In re Pfeiler

Ruling: 
Court rejected "snapshot" income analysis in holding that debtors were "above median" and required to submit plan with term of five years.
Procedural posture: 
The debtors filed for relief under chapter 13 and submitted a proposed first plan and an amended plan. A chapter 13 trustee filed objections to confirmation of the first plan and the amended plan because the debtors did not propose a 60-month plan.
Issue: 
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Consumer case opionion summary, case decided on September 12,2008, LexisNexis #1008-127