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2021 Stroock Bankruptcy Guide

Issue link: https://mbozikis.ufcontent.com/i/1422521

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168 (xii) all fees payable to the U.S. Trustee must be paid in full or the plan must provide for such payment on the plan's effective date; (xiii) the plan must provide for the continuation of all retiree benefits postconfirmation for the duration of the period the debtor has obligated itself to provide such benefits; (xiv) to the extent that the debtor is required to pay a domestic support obligation, the debtor must pay all amounts that first became payable postpetition; (xv) in an individual debtor case where the holder of an allowed unsecured claim has objected to confirmation, (i) the value, as of the plan's effective date, of the property to be distributed under the plan on account of such claim must not be less than the amount of such claim or (ii) the value of the property to be distributed under the plan must not be less than the debtor's projected disposable income to be received during the five-year period commencing on the date on which the first payment under the plan is due or during the period for which the plan provides payments, whichever is longer; and (xvi) all transfers of property of the plan must be made in accordance with any applicable provisions of nonbankruptcy law that govern the transfer of property by a corporation or a trust that is not a moneyed, business or commercial corporation or trust. 11 U.S.C. ยง 1129(a).

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