Bankruptcy court signs off on Boyd repayment plan; one issue remains unresolved
DENVER — U.S. Bankruptcy Court in Denver has signed off on a Chapter 13 bankruptcy payment plan for Berthoud resident Christopher Boyd.
The Chapter 13 plan will mean that Boyd, who filed bankruptcy in July last year, will repay $16,320 in debt in 60 payments of $272 each.
Chapter 13 is sometimes referred to as a “wage earner’s plan,” in that it permits someone with a reliable income stream to repay debt over time.
The amended Chapter 13 plan that the court approved makes no mention of the reason that bankruptcy was filed in the first place: a $337,306 judgment against Boyd in…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!