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Bankruptcy by Keyword:

"Applicable Commitment Period"

Related Keywords: Chapter 13 plan . current monthly income . means test . median income .

Case Law Topics

  • Chapter 13: "applicable commitment period" issues / rebuttal / conversions 1325(b)

    A debtor's income determines the lenght of a Chapter 13 plan, also called the "applicable commitment period" that is the result of the Chapter 13 version of the means test. (See section 132___ . Caselaw centers on timing income measurement in conversions from Chapter 7 (do you restart the clock?), whether a zero-payment plan has to be 5 years, and issues about certain types of income that is excluded from income for this'bright-line" provisio, while still relevant under other parts of the code (e.g. good faith, ability to pay, etc.)

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