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Michael & Peggy Gengenbach, Ch 13, BK05-41045-TLS

Debtors inherited $468,000 and moved to modify their Ch. 13 plan to repay creditors a $2,800 lump-sum while leaving $155,699 in unsecured debt unpaid. The motion was denied because, although proposed plan satisfied Forbes, it violated good faith.

Date: 
Thursday, April 10, 2008
Judge: 
Judge Thomas L. Saladino