Consumer Bankruptcy Law and Practice: 12.2.3.2 Determining Whether Debts Are Liquidated and Non-Contingent
Further problems may arise in determining whether debts are liquidated or non-contingent and therefore countable toward the debt limitations. Neither term is defined in the Code, and thus state law concepts may come into play. As to these questions, all debtors filing chapter 13 cases will have a common interest—to classify the maximum number of debts as non-liquidated or contingent.