Benjamin A. Kahn

Judge Court Middle District of North Carolina

No Interest for Unsecured Creditors in Full-Payment Chapter 13 Plans

Courts are split on whether unsecured creditors are entitled to interest in full payment plans when debtors are paying less than monthly disposable income.

Scheduling a Home with a Low Value Didn’t Protect a ‘13’ Debtor When It Was Sold

In the Fourth Circuit, creditors are compensated when there is a ‘substantial improvement’ in a chapter 13 debtor’s financial condition.