In re Patterson

2 Citing cases

  1. In re Howe Farms LLC

    Case No.: 13-61601 (Bankr. N.D.N.Y. Oct. 16, 2014)

    The present value requirement under Bankruptcy Code ยง 1225(a)(5)(B)(ii) forces the debtor to provide for payments to creditors over a reasonable repayment term at a reasonable rate of interest. In re Standley, 2013 Bankr. LEXIS 1114, at *16 (Bankr. D. Mont. Mar. 22, 2013) (citing In re Steinmetz, 10 B.R. 150, 158 (Bankr. D. Mont. 1991)). The Court will briefly address each prong of this requirement and its application to the Joint Plan.

  2. Matter of Malagesi

    39 B.R. 629 (E.D. Pa. 1984)   Cited 1 times

    Appellant's argument represents a sound statutory analysis and there is some authority which would seem to give it support. In re Patterson, 10 B.R. 150 (Bkrtcy.N.D.Ohio 1981); In re Grimes, 6 B.R. 943 (Bkrtcy.D.Kansas 1980); In the Matter of Coots, 4 B.R. 281 (Bkrtcy.S.D Ohio 1980). However, although I believe the instant reaffirmation agreement is valid and enforceable, it is not because I conclude that it does not require court approval.