Bankr. No.:
88-10212
Chapter:
12
Date of Decision:
August 16, 1993
Issue:
Whether Debtors are obligated to pay disposable income under § 1225(b)(1)(B)?
Ruling:
Debtors' confirmed plan contained a disposable income provision that had a slightly different definition of disposable income and repayment term than provided by § 1225(b)(1)(B). The plan terms control. Moreover, Debtors' agreement to give FmHA a secured interest in chattels and to pay FmHA the value of the chattels over time did not supplant the plan's disposable income provision.
Full Bankruptcy Court Decision:
