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· 7/16/2010

Whaley v. Tennyson (In Re Tennyson)

Citations

  • 611 F.3d 873
  • 64 Collier Bankr. Cas. 2d 132
  • 2010 U.S. App. LEXIS 14638
  • 2010 WL 2793941

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that § 1322(d) “sets the absolute maximum time period of a Chapter 13 bankruptcy plan for an above[-]median income debtor at five years, no exceptions.”
  • recognizing the import of “statutory context” (citation and internal quotation marks omitted)
  • finding above-median-income debtors are required to develop a plan with an applicable commitment period of at least five years
  • “[A]llowing Tennyson to confirm a plan for less than five years would deprive the unsecured creditors of their full opportunity to recover on their claims from Tennyson by way of post confirmation plan modifications.”
  • “[Section 1325(b)(4) ] certainly does not state that the ‘applicable commitment period’ becomes inconsequential if disposable income is negative.”
  • “‘The heart of [BAPCPA’s] consumer bankruptcy reforms ... is intended to ensure that debtors repay creditors the maximum they can afford.’ ”

Source: CourtListener parenthetical corpus (CC0).

Judges: Tjoflat, Wilson, Ebel

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.