In this episode of The Subchapter V Podcast, David Mawhinney is joined by Hon. Frank J. Bailey, U.S. Bankruptcy Judge for the District of Massachusetts (Ret.) and Andrew Lizotte, shareholder at Murphy & King P.C. to discuss small business reorganization under Subchapter V of chapter 11 of the U.S. Bankruptcy Code and, specifically, the debtor's requirement to commit projected disposable income to paying creditor claims. The show begins by breaking down a debtor's revenue projections and what expense deductions are reasonable in arriving at projected disposable income. The team then turns to the plan term and arguments for extending it beyond the three-year minimum.
