Split 4th Circuit Says BAPCPA Does Not Bar Lien-Stripping For Chapter 20 Debtors

Split 4th Circuit Says BAPCPA Does Not Bar Lien-Stripping For Chapter 20 Debtors

RICHMOND, Va. - A split panel of the Fourth Circuit U.S. Court of Appeals on May 10 ruled that a bankruptcy court properly affirmed a debtor's Chapter 13 payment plan despite the trustee's argument that "lien-stripping" was barred by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) (Timothy P. Branigan v. Bryan Matthew Davis $(In Re: Bryan Matthew Davis$), No. 12-1184, Chapter 13, 4th Cir.; 2013 U.S. App. LEXIS 9535).

Find full version on lexis Advance®
Access this news story on lexis.com®