Legal Opinion
In re Brown
District Court, S.D. New York
Decided August 8, 1980No. Bankruptcy No. 80 B 10334PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
JOHN J. GALGAY, Bankruptcy Judge.
In the present case, debtors Thomas and Maureen Brown have filed a petition under Chapter 13 of the new Bankruptcy Code, in which they propose a plan of “zero payments” to their creditors. Debtors list substantial and potentially enormous debts, but also list a combined monthly income that exceeds their monthly expenditures by over $140. The Court hereby denies confirmation of their “zero” plan as a violation of the “good faith” requirement of Chapter 13 and as inconsistent with the letter and spirit of the Code.
The petition in this case…
2Cases cited23 opinions
- In Re IacovoniUnited States Bankruptcy Court, D. Utah · 1980
- In Re BeaverUnited States Bankruptcy Court, S.D. California · 1980
- Cleveland Trust Co. v. Keckler (In Re Keckler)United States Bankruptcy Court, N.D. Ohio · 1980
- Matter of MarlowUnited States Bankruptcy Court, N.D. Illinois · 1980
- In Re BurrellUnited States Bankruptcy Court, N.D. California · 1980
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3Cited by4 opinions
- In Re Aztec Co.United States Bankruptcy Court, M.D. Tennessee · 1989
- In Re HeardUnited States Bankruptcy Court, W.D. Kentucky · 1980
- In Re HustedUnited States Bankruptcy Court, W.D. New York · 1992
- In re WimmerUnited States Bankruptcy Court, S.D. New York · 2014