Consumer: Chapter 13 Stressors: Appreciation, Inflation, Budgets and Plan Length

A judge, chapter 13 trustee and bankruptcy attorney discuss how to help chapter 13 debtors succeed in chapter 13 despite increasing asset values, increased loan balances and increased expenses. This panel delves into such issues as creating feasible plans with debtors’ ever-tighter budgets, instilling flexibility in the bankruptcy system, and dealing with asset appreciation. The panelists also discuss options for cases that are running long in light of the Kinney decision, along with other issues that can arise.