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Chapter 13--no proof of claim filed by student loan h=

Posted: Mon Feb 11, 2013 11:29 am
by Yahoo Bot

We never could treat them differently or outside the plan. But, if you get Jury as your Judge you can treat them in a separate classification.
Law Office of Catherine Christiansen
17011 Beach Blvd. Ste 900, Huntington Beach, CA 92647
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________________________________
To: cdcbaa@yahoogroups.com
Sent: Monday, February 11, 2013 8:23 AM
Subject: Re: [cdcbaa] Chapter 13--no proof of claim filed by student loan holder
As I understand, there is case law that requires we include student loans in the Plan and treat them as any other Class 5 creditor.
I'm quite bummed that we can no longer treat them "specially" or outside the Plan.
Christine
On Sat, Feb 9, 2013 at 5:10 PM, Steven B. Lever wrote:
>
>To somewhat hijack, or rather extend a thread, Im thinking about proposing a plan that pays student loans outside the plan.
>
>I know there is case law allowing that.
>
>This is a Los Angeles case.
> t
>Has anyone done this successfully? What happens if they put in a Proof of Claim? Would I have to object to it?
>
>Steve Lever
>
>From:cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com] On Behalf Of Nicholas Gebelt
>Sent: Saturday, February 09, 2013 11:26 AM
>To: cdcbaa@yahoogroups.com
>Cc: 'Nicholas Gebelt'
>Subject: RE: [cdcbaa] Chapter 13--no proof of claim filed by student loan holder
>
>
>Dear Kenneth,
>
>The student debt would not be discharged. See 1328(a)(2) combined with 523(a)(8) for the situation where the debtor completes the plan, and 1328(c)(2) for the Chapter 13 hardship discharge.
>
>Nick
>
>Nicholas Gebelt, Ph.D., J.D.
>Board Certified Bankruptcy Specialist
>
>
>
>Law Offices of Nicholas Gebelt
>15150 Hornell Street
>Whittier, CA 90604
>Phone: 562.777.9159
>FAX: 562.946.1365
>Email: ngebelt@goodbye2debt.com; ngebelt@gebeltlaw.com
>Web: www.goodbye2debt.com
>Blog: www.southerncaliforniabankruptcylawblog.com/
>
>We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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>From:cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com] On Behalf Of Kenneth Schwartz
>Sent: Saturday, February 09, 2013 11:19 AM
>To: cdcbaa@yahoogroups.com
>Subject: [cdcbaa] Chapter 13--no proof of claim filed by student loan holder
>
>
>Confirmed Plan (100%) provides for payment of a small student loan ($4,200). No claim has been filed. Client has the resources to pay outside of the Plan, but query, would the loan be discharged since it was to be paid in full, and the creditor failed to file a proof of claim?
Christine A. Wilton, Esq.
Law Office of Christine A. Wilton
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