BOWMAN, Circuit Judge.
Chapter 13 of the Bankruptcy Code requires that, before approving a debtor's plan, a bankruptcy court must find that "with respect to each allowed secured claim ... the value, as of the effective date of the plan, of property to be distributed under the plan on account of such claim is not less than the allowed amount of such claim." 11 U.S.C. § 1325(a)(5)(B)(ii) (1994). We have interpreted this statutory language to require that such claims...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
