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In re Hoffman (Case No. 06-70231) 08/04/2006

The court denied the Debtors' motion to reaffirm a secured debt as not in their best interest where the value of the collateral was less than half of the amount to be reaffirmed and the Debtors' expenses exceed their income. 

Date: 
Friday, August 4, 2006
Category: 
Best Interests
Reaffirmation
Chapter: 
7