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PEORIA, Ill. – A federal bankruptcy judge in Illinois on Aug. 2 confirmed a debtor’s Chapter 13 payment plan on grounds that it was not required to have a five-year duration because the debtor had no disposable income (In Re: Robert C. Andres, No. 10-92563, Chapter 13, C.D. Ill. Bkcy.; 2011 Bankr. LEXIS 2868). View [...]

CINCINNATI – A panel of the Sixth Circuit U.S. Court of Appeals on Feb. 4 ruled that the Bankruptcy Code imposes a minimum duration for Chapter 13 payment plans regardless of a debtor’s projected disposable income (Richard L. Baud, et al. v. Krispen S. Carroll, No. 09-2164, Chapter 13, 6th Cir.; 2011 U.S. App. LEXIS [...]

swissinfo.ch Chavez Says He May Reduce Duration of Decree Powers to Four to Five MonthsBloombergVenezuelan President Hugo Chavez said that he may shorten a so-called enabling law that allows him to rule …Venezuela's Chavez may shorten decree powersReutersVenezuelan President Hugo Chavez Says He Is No DictatorNASDAQVenezuela's Chavez says lawmakers could reduce period allowing him enact [...]

ATLANTA – A panel of the 11th Circuit U.S. Court of Appeals on July 16 reversed and remanded a bankruptcy court’s ruling, concluding that the “applicable commitment period” detailed in the Bankruptcy Code is a fixed time period that the debtor in the matter at hand did not honor (Nancy J. Whaley v. Terry Alan [...]

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