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Sixth Circuit: Bankruptcy Chapter 13 Debtor May Exclude 401(k) Plan Contributions from Disposable Income
Thomson Reuters Practical Law June 5, 2020 "Applying several canons of statutory construction to the statute, the Sixth Circuit held that the hanging paragraph excludes from disposable income in the debtor's post-bankruptcy petition her 401(k) plan contributions in the dollar amount that the debtor's employer withheld from her wages before her bankruptcy.' [In re Davis, No. 19-3117 (6th Cir. Jun. 1, 2020)] |
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