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In re Buchanan (Case No. 05-75606) 08/25/2006

The court granted the U.S. Trustee's motion to dismiss under 11 U.S.C. § 707(b) for substantial abuse, because in the period leading up to filing the Debtors purchased unnecessary luxury items (motorcycles) that required excessive and unreasonable expenses to maintain and forfeiture of which would enable a 67% distribution to unsecured creditors in a Chapter 13 plan.

Date: 
Friday, August 25, 2006
Category: 
Abusive Filings
Dismissal
Substantial Abuse
Chapter: 
7