The 910 Cramdown: Personal or Business Use?

When the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) revised the U.S. Bankruptcy Code in 2005, Section 1325 was amended to add a new paragraph that is affectionately referred to as the “hanging paragraph.” It states:

Filed under:
USA, Insolvency & Restructuring, Litigation, Manley Deas Kochalski LLC, Title 11 of the US Code
Authors:
Stephen R. Franks
Location:
USA
Firm:
Manley Deas Kochalski LLC