Legal Question in Bankruptcy in Florida
chapter
can a chapter 13 plan be aproved if the debtor has assit that generate 90% of his income in which would pay 100% of the secured claims and only 70% of the irs non priorty and un secured old tax debts over a 5 year plan.
problem, the assit if liquidated might pay both claims in ful but would take away my income i am 67 yrs old and living with stage d-4 prostate cancer.
dose the judge have the power to do so in this case
Asked on 2/07/99, 12:07 am
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: chapter
yes
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
18260 NE 19 Ave
Answered on 2/24/99, 4:43 pm
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