Chapter 13 cases can be dismissed following confirmation while they are pending. Normally this step is taken by the Chapter 13 trustee himself. When he does money is the issue. For some reason you have might failed to make plan payments when due. Commonly it happens if you or your spouse loses a job or…
Continue Reading »
Tags: 401k, 60 months, Chapter 13, confirmation, dismiss, feasibility, IRS, lack of feasibility, Motion to Dismiss, repo man, tow truck
Lack of Feasibility: The New Chapter 13 Wrinkle Feasibility issues. The Chapter 13 Trustee for the Cleveland division of the bankruptcy court has increasingly been filing motions to dismiss confirmed chapter13 cases. The latest issue: the plan is not feasible. What on earth does this mean? For a plan to be confirmed in a chapter…
Continue Reading »