The 9th U.S. Circuit Court of Appeals' recent decision in Spokane Law Enforcement Federal Credit Union v. Barker, 2016 DJDAR 10687 (Oct. 27, 2016), may pose some issues for creditors but will not be extremely detrimental. Rather, the ruling underscores the importance of creditors making their claims known in a Chapter 13 bankruptcy.
Chapter 13 is a mechanism for debtors to reorganize by proposing a repayment plan and having the payment plan confirmed (approved), usually with...
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