In re: ORANGE COUNTY BAIL BONDS, INC., Debtor.LEGAL SERVICE BUREAU, INC., dba Global Fugitive Recovery, Appellant, v. ORANGE COUNTY BAIL BONDS, INC., Appellee., 638 B.R. 137

Summary

HOLDINGS: [1]-The bankruptcy court properly confirmed the Debtor's plan because the Plan's effective date payment was greater than the Debtor's projected disposable income for the minimum three-year period required by 11 U.S.C.S. § 1191(c)(2), the record did not indicate that the court set a longer commitment period for purposes of § 1191(c)(2), the Plan had a reasonable probability of success based on the Debtor's projections, and the Plan did not require the Debtor to meet its projections to succeed; [2]-The court properly denied the creditor's motion to dismiss because the Debtor had other creditors and legitimate reasons for filing the petition, and without its largest asset, the Debtor lacked sufficient resources to pay the creditor's judgment, post a bond in the appeal, or continue ongoing operations.