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Clark & Darla Huff, BK92-80072, Ch. 12

A Chapter 12 plan should employ a standard (as opposed to a negative) amortization schedule, unless the plan clearly specifies otherwise. Amortization means reduction of debt by regular payments, but does not require the payments to be equal

Date: 
Thursday, July 20, 1995
Judge: 
Judge Timothy J. Mahoney (Retired)