11 U.S.C. § 1325(a)(5)(B)

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11 U.S.C. § 1325(a)(5)(B)

Definition

A “cramdown” provision of the United States Bankruptcy Code that authorizes confirmation of a Chapter 13 reorganization plan where, with respect to a secured creditor, the creditor retains a lien securing its claim, the value of property distributed to the creditor is not less than the allowed amount of the claim, and the creditor is paid the value of such claim over the term of the plan.

Related rules

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— Associates Commercial Corporation v. Rash

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— Till v. SCS Credit Corporation

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