Happy ending for a Chapter 13 filer!

[keepmine]

[lrprn]

Thanks for sharing the outcome of this interesting Ch 13 case, keepmine. For once, Debtors 1, Creditors 0! Wish this happened more often.

[aa06a47]

Not sure why a below med income debtor with 8 dependents wouldn't get to file a chapter 7 unless there were secured debt arrears.

[SinkingFast]

The article said they were giving up furniture that was financed and risked loosing no other property by filing a Ch 7. Maybe their attny feared Creditor's Objections for other reasons??!!

[keepmine]

Although the debtor was retaining real estate and paying just a 1% dividend to general unsecured creditors,

Either the mortgage was in arrears or, the equity in the home was above the level that could be exempted.

[ben1381]

Sounds like a great result but is limited to that district. I wonder if the Supreme Court or a court of appeals has dealt with this issue.

[JRScott]

It basically sets a precedent though that religious education is considered a reasonable expense by a family. Very good though.

Personally with the state of the public schools, if I have children I"d want them home schooled or in a private school.