Decoding Chapter 12 Bankruptcy: Navigating the 20-Year Treasury Bond Rate vs. National Prime Rate Dilemma in Determining Discount Rates on Secured Creditor Claims
ABI
JANUARY 22, 2024
In a Chapter 12 bankruptcy, the debtor generally proposes a plan for repaying creditors from future earnings. [1] 6] This ensures complete repayment, covering both the principal loan amount and accrued interest, in accordance with the United States Code. [7] The interest rate may be the subject of dispute.
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