In re Ward

Ruling: 
Postconfirmation modification granted over trustee's objection due to failure of debtor to realize anticipated substantial increase in income.
Procedural posture: 
Before the court was debtor's modification of plan after confirmation and the chapter 13 Trustee's objections thereto. Debtor filed this modification after confirmation (MAC) seeking to reduce the monthly payments to $200/month because debtor was unable to make the $2,500/month step up payment because his current income and expenses demonstrated the ability to pay less than the amount in the confirmed plan.
Issue: 
ABI Membership is required to access the full summary of In re Ward. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on August 24,2012, LexisNexis #0912-138