11 U.S.C. § 1325(a)(5)(C)

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11 U.S.C. § 1325(a)(5)(C)

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 debtor surrenders the collateral securing such creditor’s claim.

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— In re Wright

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