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Unavoidable Judgment Liens in Chapter 13

Posted: Mon Nov 23, 2015 3:55 pm
by Yahoo Bot

See 1325(a)(5) for plan options for allowed secured claimsPeter M. Lively, J.D., M.B.A.
Law Office of Peter M. Lively * Personal Financial Law Center I
11268 Washington Boulevard, Suite 203, Culver City, California 90230-4647
Telephone: (310) 391-2400* Toll Free: (800) 307-3328 * Fax: (310) 391-2462
On Monday, November 23, 2015 3:45 PM, "cliff@bordeauxlaw.com [cdcbaa]" wrote:
I am curious about options for plan treatment of unavoidable judgment liens in Chapter 13 (ie: judgment liens that are not avoidable under 506 or 522f).
Can a debtor propose to pay $0 on these debts during the pendency of a Chapter 13 case (and to just allow the postjudgment interest to accrue)? Or can a debtor just pay the postjudgment interest as it accrues during the pendency of the case and deal with the principal balance after discharge?
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