Brand new case of bankruptcy court may “allow” or “disallow” says from sharing regarding delivery of the bankruptcy proceeding property
Litton Mortgage Upkeep LP, 614 F
11 You.S.C. § 502. When you look at the Part 13 process, allowed states are typically paid off, in a choice of entire or in region, out of the debtor’s coming earnings pursuant to help you a fees bundle recommended from the debtor and you can confirmed of the bankruptcy court. Discover id. § 1322(a)(1); 4–501 Collier towards the Bankruptcy proceeding ¶ (Collier). Upon completion of the many payments within the plan, this new bankruptcy judge “grant[s] the fresh borrower a launch of every expenses provided for because of the package or disallowed.” eleven U.S.C. § 1328(a). Thus, after the method the brand new borrower gets the “new begin” contemplated by Personal bankruptcy Password.
Congress introduced the brand new FDCPA to prevent abusive business collection agencies methods and you can with the intention that debt collectors which refrain from such methods is actually perhaps not well disadvantaged.…