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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; 2005 BAPCPA</title>
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	<link>http://wwrbankruptcy.com</link>
	<description>WW&#38;R Bankruptcy practice group of Weltman, Weinberg &#38; Reis, the nation&#039;s largest creditor&#039;s rights law firm, is your source for bankruptcy news and information. We are committed to helping clients thrive in these ever changing times.</description>
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		<title>Lien Stripping Prohibited If Debtor Is Ineligible For Discharge</title>
		<link>http://wwrbankruptcy.com/2011/04/07/lien-stripping-prohibited-if-debtor-is-ineligible-for-discharge/</link>
		<comments>http://wwrbankruptcy.com/2011/04/07/lien-stripping-prohibited-if-debtor-is-ineligible-for-discharge/#comments</comments>
		<pubDate>Thu, 07 Apr 2011 18:16:17 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[2005 BAPCPA]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Chapter 7]]></category>
		<category><![CDATA[lien stripping]]></category>
		<category><![CDATA[mortgage liens]]></category>
		<category><![CDATA[unsecured liens]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=383</guid>
		<description><![CDATA[Chapter 13 debtors who are ineligible for a discharge may not strip mortgage liens, even if the liens are wholly unsecured. This is a growing consensus among a majority of bankruptcy courts, and is a result of the interplay between two Bankruptcy Code provisions enacted in the 2005 BAPCPA amendments. The first provision is that [...]]]></description>
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		<title>Supreme Court Adopts “Forward-Looking” Approach to Define Projected Disposable Income When Calculating Chapter 13 Repayment Plans</title>
		<link>http://wwrbankruptcy.com/2010/07/01/supreme-court-adopts-%e2%80%9cforward-looking%e2%80%9d-approach-to-define-projected-disposable-income-when-calculating-chapter-13-repayment-plans/</link>
		<comments>http://wwrbankruptcy.com/2010/07/01/supreme-court-adopts-%e2%80%9cforward-looking%e2%80%9d-approach-to-define-projected-disposable-income-when-calculating-chapter-13-repayment-plans/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 20:27:34 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[2005 BAPCPA]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[forward looking approach]]></category>
		<category><![CDATA[means test]]></category>
		<category><![CDATA[mechanical approach]]></category>
		<category><![CDATA[projected disposable income]]></category>
		<category><![CDATA[repayment plans]]></category>

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		<description><![CDATA[When Congress amended the Bankruptcy Code in 2005, they implemented the means test.  The purpose of the means test was to provide a higher return of funds to unsecured creditors.  The test requires debtors filing chapter 13 bankruptcy to pay all “projected disposable income” into the plan.  Projected disposable income is a calculation of all [...]]]></description>
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		<title>Debtors Not Allowed to Retain If Current</title>
		<link>http://wwrbankruptcy.com/2009/10/07/debtors-not-allowed-to-retain-if-current/</link>
		<comments>http://wwrbankruptcy.com/2009/10/07/debtors-not-allowed-to-retain-if-current/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:47:48 +0000</pubDate>
		<dc:creator>Alan Hochheiser</dc:creator>
				<category><![CDATA[2005 BAPCPA]]></category>
		<category><![CDATA[Chapter 7]]></category>
		<category><![CDATA[Motor Vehicle]]></category>
		<category><![CDATA[automatic stay]]></category>
		<category><![CDATA[collateral]]></category>
		<category><![CDATA[ipso facto]]></category>
		<category><![CDATA[Ninth Circuit Court of Appeals]]></category>
		<category><![CDATA[repossess]]></category>
		<category><![CDATA[repossession]]></category>
		<category><![CDATA[retain and pay]]></category>
		<category><![CDATA[statutory obligation]]></category>

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		<description><![CDATA[Most creditors are familiar with the phrase, “retain and pay”.  The bankruptcy code provides for certain treatment of debt, which is secured by personal property in Chapter 7 bankruptcies.  Specifically, the bankruptcy code provides that debtors must either reaffirm the existing debt, redeem the collateral or surrender the collateral (or assume or reject the lease.)  [...]]]></description>
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