Eulen C. Whitten, Jr. & Dawn M. Whitten, Ch. 12, BK10-43548-TLS (Oct. 10, 2012)

The court denied confirmation of the debtors’ Chapter 12 plan because it was not feasible and it proposed to amortize short-term notes secured by personal property over 25 years. That lengthier term deprived the lender of the benefit of its bargain.

Wednesday, October 10, 2012