The 5% Chapter 13 Telecom Rule in The Bankruptcy Court of the Western District of Kentucky, Judge Joan Lloyd
Originally posted on Kentuckiana Bankruptcy Opinions:
(Bankr. W.D. Ky. June 29, 2015)
Judge Lloyd confirms the Chapter 13 plan at 100% on condition that the debtors remit all tax refunds during the plan term to the Chapter 13 trustee for distribution to creditors. The court requires this because the debtors refused to justify the telecom expense of more than 5% of the debtors monthly net income ($400 per month). Opinion below.
Author: Matt Lindblom
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