In Re King
United States Bankruptcy Court, S.D. Illinois
1Opinion of the Court
OPINION
LAURA K. GRANDY, Bankruptcy Judge.
This case presents the issue of whether debtors, who had above-median income at the time that their Chapter 13 petition was filed, may, post-confirmation, reduce their plan duration to a period of less than sixty months without also providing for full repayment to unsecured creditors.
FACTS
Debtors Michael and Linda King (“Debtors”) filed a Chapter 13 petition on December 8, 2005. Because their income at filing exceeded the applicable median family income in Illinois, debtors were required to propose a sixty-month plan. 1 Their Second Amended Plan, which…
2Cases cited21 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Kawaauhau v. GeigerSupreme Court of the United States · 1998
- Hamilton v. LanningSupreme Court of the United States · 2010
- In Re SlusherUnited States Bankruptcy Court, D. Nevada · 2007
- Forbes v. Forbes (In Re Forbes)United States Bankruptcy Appellate Panel for the Eighth Circuit · 1997
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