Danielson v. Flores (In Re Flores)

FOR PUBLICATION UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT In re: CESAR IVAN FLORES; ANA  MARIA FLORES, Debtors. No. 11-55452 ROD DANIELSON, Trustee-Appellant,  D.C. No. 6:10-29956-MJ v. OPINION CESAR IVAN FLORES; ANA MARIA FLORES, Debtors-Appellees.  Appeal from the United States Bankruptcy Court for the Central District of California Meredith A. Jury, Bankruptcy Judge, Presiding Argued and Submitted May 11, 2012—Pasadena, California Filed August 31, 2012 Before: Harry Pregerson and Susan P. Graber, Circuit Judges, and Edward M. Chen,* District Judge. Opinion by Judge Chen; Dissent by Judge Graber *The Honorable Edward M. Chen, United States District Judge for the Northern District of California, sitting by designation. 10311 10314 IN RE FLORES COUNSEL Elizabeth A. Schneider, Office of Rod Danielson, Chapter 13 Trustee, Riverside, California, for the trustee-appellant. Nancy B. Clark, M. Erik Clark, and Shannon A. Doyle, Borowitz & Clark, LLP, West Covina, California, for the debtor-appellee. IN RE FLORES 10315 OPINION CHEN, District Judge: I. INTRODUCTION This bankruptcy appeal concerns confirmation of a Chapter 13 plan of reorganization. The debtors, Cesar and Ana Flores, proposed a three-year plan. Rod Danielson, the Chapter 13 Trustee (“Trustee”), objected and argued that a five-year plan was required. The relevant legal question is whether, under 11 U.S.C. § 1325(b), a debtor with no “projected disposable income” may confirm a plan that is shorter in duration than the “applicable commitment period” found in § 1325(b). Current Ninth Circuit precedent plainly allows debtors to confirm a shorter plan (e.g., a three-year plan) under the facts of this case. See Maney v. Kagenveama (In re Kagenveama), 541 F.3d 868, 872 (9th Cir. 2008). However, Trustee argued, and the bankruptcy judge agreed, that the Supreme Court’s intervening decision in Hamilton v. Lanning, 130 S. Ct. 2464 (2010), is irreconcilable with and thus implicitly overruled Kagenveama’s construction of “applicable commitment peri- od,” which permits shorter Chapter 13 plans. The question before this court is whether the bankruptcy judge erred when it declined to follow this court’s otherwise controlling holding in Kagenveama because the bankruptcy judge deemed Kagen- veama irreconcilable with Lanning. We disagree and hold that Lanning is not clearly irreconcilable with Kagenveama’s con- struction of “applicable commitment period.” Accordingly, we reverse and remand to the bankruptcy court for further proceedings consistent with this opinion. II. FACTUAL AND PROCEDURAL BACKGROUND Cesar and Ana Flores (“Debtors”) filed a petition for relief under Chapter 13 of the Bankruptcy Code. Debtors proposed a plan of reorganization with a duration of 36 months, calling 10316 IN RE FLORES for a monthly payment of $122. Trustee objected to the plan, arguing that the Bankruptcy Code requires a minimum plan duration of 60 months and that Ninth Circuit precedent to the contrary had been implicitly overruled by an intervening Supreme Court decision. The Bankruptcy Court sustained the objection and confirmed a 60-month plan calling for a monthly payment of $148.1 Debtors timely appealed to the Bankruptcy Appellate Panel (“BAP”). The bankruptcy court then certified the plan dura- tion issue for direct appeal to this court, pursuant to 28 U.S.C. § 158(d)(2).2 The relevant facts are not disputed: Debtors’ “current monthly income,” as that term is defined in the Bankruptcy Code, is above the median income for their locality. Debtors’ monthly “disposable income,” as that term is defined in the Bankruptcy Code, is negative. Debtors have unsecured debts. Debtors’ proposed plan would pay 1% of allowed, unsecured, non-priority claims. III. STANDARD OF REVIEW Questions of “statutory interpretation and Ninth Circuit precedent” are questions of law, which this court reviews de novo. Lyon v. Chase Bank USA, N.A., 656 F.3d 877, 883 (9th Cir. 2011); see also Baker v. Delta Air Lines, Inc., 6 F.3d 632, 637 (9th Cir. 1993) (“Whether stare decisis applies . . . [is an] issue[ ] of law, reviewable de novo.”). 1 As the parties confirmed at oral argument, there is no dispute on appeal over the increase from a $122 monthly payment to unsecured creditors, proposed by Debtors, and a $148 monthly payment to unsecured creditors, confirmed by the bankruptcy court. Rather, the only dispute is over the duration of these monthly payments. There is no dispute that the plan was proposed in good faith. 2 Because Trustee filed the motion to certify for direct appeal, he was listed as Appellant in this appeal, even though he prevailed at the bank- ruptcy court. IN RE FLORES 10317 IV. DISCUSSION We begin with a review of the statutory framework at issue in this case, as well as a discussion of this court’s prior ruling in Kagenveama and the Supreme Court’s intervening decision in Lanning. A. Statutory Framework [1] The Bankruptcy Code imposes a number of conditions on confirmability of a plan of reorganization under Chapter 13. Among those conditions is the requirement that debtors pay any “projected disposable income” to unsecured creditors. See 11 U.S.C. § 1325(b)(1)(B). The statute establishing such a requirement reads in relevant part as follows: If the trustee or the holder of an allowed unse- cured claim objects to the confirmation of the plan, then the court may not approve the plan unless, as of the effective date of the plan— (A) the value of the property to be dis- tributed under the plan on account of such claim is not less than the amount of such claim; or (B) the plan provides that all of the debt- or’s projected disposable income to be received in the applicable commitment period beginning on the date that the first payment is due under the plan will be applied to make payments to unsecured creditors under the plan. Id. § 1325(b)(1) (emphasis added). Thus, for a given debtor, this subsection involves two threshold determinations: (1) the debtor’s “projected disposable income,” and (2) the debtor’s “applicable commitment period.” 10318 IN RE FLORES In order to apply the above requirements, a court must first classify the debtor as either “above-median” or “below- median.” See, e.g., In re Mattson, 456 B.R. 75, 82 (Bankr. W.D. Wash. 2011) (using the quoted terminology for the pur- poses of determining the “applicable commitment period”); In re Diaz, 459 B.R. 86, 91 & n.6 (Bankr. C.D. Cal. 2011) (using the quoted terminology for the purposes of “projected dispos- able income”). As discussed in more detail below, the calcula- tion of “disposable income” depends on whether a debtor has above-median or below-median income. § 1325(b)(3).3 The “applicable commitment periods” in which a debtor must pay her “projected disposable income” also differ for above- median versus below-median debtors. § 1325(b)(4). In this case, Debtors are above-median. We therefore focus on the requirements for above-median debtors. 1. Disposable Income and Projected Disposable Income “The [Bankruptcy] Code [does] not define the term ‘pro- jected disposable income . . . .’ ” Lanning, 130 S. Ct. at 2469. However, the Code does define “disposable income.” Section 1325(b)(2) provides, in relevant part: For purposes of this subsection, the term “dispos- able income” means current monthly income received by the debtor . . . less amounts reasonably necessary to be expended (A)(i) for the maintenance or support of the debtor or a dependent of the debtor .... 3 An above-median debtor is simply one whose annualized “current monthly income” is greater than the applicable median family income; all other debtors are below-median. See 11 U.S.C. § 1325(b)(3), (b)(4) (set- ting forth this dichotomy without using the quoted terminology). “Current monthly income” is defined to mean, in essence, the average of the debt- or’s monthly income in the six months before the filing of his or her peti- tion. Id. § 101(10A). IN RE FLORES 10319 (Emphases added.) For an above-median debtor such as the Debtors in this case, § 1325(b)(3) provides: Amounts reasonably necessary to be expended under paragraph (2) . . . shall be determined in accor- dance with subparagraphs (A) and (B) of section 707(b)(2) . . . . Section 707(b)(2), in turn, sets forth a “formula . . . known as the ‘means test’ and is reflected in a schedule (Form 22C) that a Chapter 13 debtor must file.” Lanning, 130 S. Ct. at 2470 n.2. Thus, the statute prescribes a formula to calculate an above-median debtor’s disposable income. From that formula, a debtor’s “projected disposable income” is then projected into the future to determine what monthly payment the debtor owes to unsecured creditors. § 1325(b)(1)(B). As we discuss infra, the exact method by which one calculates “projected disposable income” — a term undefined in the statute — from “disposable income” has been a topic of vigorous debate among courts until the Supreme Court’s recent decision in Lanning. Because the “means test” imposed by the Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) of 2005, Pub. L. No. 109-8, 119 Stat. 23, calculates expenses using formulaic categories keyed to local data rather than the actual expenses of an individual debtor, sometimes, as in this case, an above-median debtor who is capable of pledging a monthly sum to repayment for the benefit of creditors has negative disposable income. See 8 Collier on Bankruptcy ¶ 1325.11[4][c][I] (Alan N. Resnick & Henry J. Sommer eds., 16th ed. 2010); cf. In re Alexander, 344 B.R. 742, 750 (Bankr. E.D.N.C. 2006) (“Because the pre-BAPCPA definition of ‘disposable income’ calculated a real number rather than a statutory artifact, . . . a debtor with no positive number simply had no means to fund the added costs of a Chapter 13 plan.”). Negative disposable income under BAPCPA can in turn result in a negative “projected disposable income,” under the statute. 10320 IN RE FLORES In the instant case, it is undisputed that Debtors have negative projected disposable income. 2. Applicable Commitment Period Unlike “projected disposable income,” for which the mean- ing must be deduced from “disposable income,” the Bank- ruptcy Code provides a precise definition for “applicable commitment period.” Section 1325(b)(4) provides in relevant part: For purposes of this subsection, the “applicable commitment period” . . . shall be— (i) 3 years; or (ii) not less than 5 years, if [the debtor is above median]; and . . . may be less than 3 or 5 years, whichever is applicable . . . , but only if the plan pro- vides for payment in full of all allowed unsecured claims over a shorter period. (Emphasis added.) Because the Debtors will not make payment in full to unse- cured creditors and they are above-median, “the applicable commitment period” under § 1325(b)(4) is five years. While the applicable commitment period is clear, its role in defining the duration of the Debtor plan of reorganization is not. B. Pre-Lanning Interpretations of 11 U.S.C. § 1325(b) Prior to the Supreme Court’s decision in Lanning, courts diverged in their interpretation of the elements of § 1325. We summarize these disagreements below by way of background to this Circuit’s law and Lanning’s potential impact on this case. IN RE FLORES 10321 1. Projected Disposable Income First, pre-Lanning, courts differed as to how they inter- preted the undefined term “projected disposable income” in relation to the defined term “disposable income.” Two com- peting interpretations have been termed the “mechanical” approach and the “forward-looking” approach. See Lanning, 130 S. Ct. at 2471; Kagenveama, 541 F.3d at 871-72; Nowlin v. Peake (In re Nowlin), 576 F.3d 258, 262-63 (5th Cir. 2009). [2] Under the mechanical approach, “ ‘projected dispos- able income’ means ‘disposable income,’ as defined by § 1325(b)(2), projected over the ‘applicable commitment peri- od’ ” by means of simple, or mechanical, multiplication. Kagenveama, 541 F.3d at 871-72; see also Lanning, 130 S. Ct. at 2471. For example, if a debtor’s disposable income, according to the statutory formula, is $100 per month, and if the debtor’s applicable commitment period is five years (or 60 months), the debtor’s total projected disposable income is $6,000. The forward-looking approach, by contrast, uses the “dis- posable income” calculation only as a “starting point,” Kagenveama, 541 F.3d at 872, “determinative in most cases,” Lanning, 130 S. Ct. at 2471, but subject to modification upon a demonstration of “substantial changes to the debtor’s income or expenses that have occurred before confirmation or will occur within the plan’s period,” Nowlin, 576 F.3d at 263. Thus, if the debtor’s income during the six months prior to fil- ing her bankruptcy petition — the baseline used to calculate disposable income — is somehow demonstrably different from the debtor’s current or future income, such changed cir- cumstances could factor into the “projected disposable income” calculation under the forward-looking approach. For example, a debtor who lost her job after filing the petition could have a much lower monthly “projected disposable income” than her “disposable income,” which was based on her previous job’s paycheck. See id. at 263-64 (describing 10322 IN RE FLORES potential changes such as “a promotion at work, the loss of a job, the acquiring of a second job, or increased medical expenses” (internal quotation mark omitted)). As discussed further below, this debate was settled by the Supreme Court in Lanning, in favor of the forward-looking approach. 2. Applicable Commitment Period A second debate among courts concerns whether § 1325(b)’s “applicable commitment period” sets forth a “temporal” requirement or a “monetary” requirement. The lat- ter approach is also sometimes referred to as the “multiplier” approach. Baud v. Carroll, 634 F.3d 327, 336-37 & n.7 (6th Cir. 2011), cert. denied, 132 S. Ct. 997 (2012). Under the temporal approach, the “applicable commitment period” establishes the minimum duration of the plan.4 Id. at 336-37 (collecting cases); see, e.g., Whaley v. Tennyson (In re Tenny- son), 611 F.3d 873, 877-78 (11th Cir. 2010) (“The plain read- ing of § 1325(b)(4) indicates that an above median income debtor, such as Tennyson, is obligated to form a bankruptcy plan with an ‘applicable commitment period’ of no less than five years, unless his unsecured debts are paid in full.”). By contrast, under the monetary approach, the “applicable commitment period” is used to define not the duration of the plan but the total sum to be paid by the debtor under the plan. It is used as a multiplier in calculating the total “projected dis- posable income” to be paid to unsecured creditors over the life of the plan. As the court in Baud explained, the monetary approach 4 This approach, and all others discussed in this opinion, assumes the satisfaction of § 1325(b)’s two predicate conditions: (1) an objection by the trustee or by an unsecured creditor and (2) payments under the plan provide less than full recovery by unsecured creditors. As discussed above, those conditions are satisfied here. IN RE FLORES 10323 does not require the debtor to propose a plan that lasts for the entire length of the applicable commit- ment period; rather, as long as the plan provides for the payment of the monetary amount of disposable income projected to be received over that period, the court may confirm a plan that lasts for a shorter time. 634 F.3d at 337 (collecting cases adopting this approach). Once calculated, the debtor can pay that total sum over a shorter period of time. See, e.g., In re Swan, 368 B.R. 12, 26 (Bankr. N.D. Cal. 2007) (“ ‘[W]here the debtor’s projected disposable income is consistent with the calculations on Form B22C, it makes little sense to hold the debtor hostage for 60 months where the debtor can satisfy the requirements of § 1325(b)(1)(B) in a shorter period.’ ” (quoting In re Fuger, 347 B.R. 94, 101 (Bankr. D. Utah 2006))). [3] Other courts, including this court in Kagenveama, have adopted a hybrid5 variation in which the “applicable commit- ment period” sets the minimum temporal duration of a plan, but it is “inapplicable to a plan submitted . . . by a debtor with no ‘projected disposable income.’ ” Kagenveama, 541 F.3d at 875; see, e.g., Alexander, 344 B.R. at 751 (“Because applica- ble commitment period is a term the statute makes relevant only with regard to the required payment of projected dispos- able income to unsecured creditors and not to any other plan payments or requirements, it simply does not come into play where no projected disposable income must be taken into account.”). See generally Baud, 634 F.3d at 337 (collecting additional cases). In addition to the split among the lower courts, leading 5 Because this approach somewhat overlaps in effect and reasoning with both the temporal approach and the monetary/multiplier approach, differ- ent courts have placed it in different categories. See, e.g., Baud, 634 F.3d at 337 (categorizing as variant on temporal approach); Tennyson, 611 F.3d at 876 (categorizing as multiplier approach). 10324 IN RE FLORES commentators are divided on its answer. Id. at 338 (citing 8 Collier on Bankruptcy ¶ 1325.08[4][d]; and 6 Keith M. Lundin, Chapter 13 Bankruptcy, § 500.1 (3d ed. 2000 & Supp. 2006)). The proper interpretation of the meaning and function of the “applicable commitment period” has not been directly addressed by the Supreme Court. C. Kagenveama [4] In 2008, this court addressed both of the questions out- lined above, deciding in favor of the mechanical approach in defining “projected disposable income” and the hybrid approach in interpreting the “applicable commitment period.” Kagenveama, 541 F.3d 868. In support of the mechanical approach to determining “pro- jected disposable income,” Kagenveama first relied on textual analysis: The substitution of any data not covered by the § 1325(b)(2) definition [of disposable income] in the “projected disposable income” calculation would render as surplusage the definition of “disposable income” found in . . . . The plain meaning of the word “projected,” in and of itself, does not provide a basis for including other data in the calculation because “projected” is simply a modifier of the defined term “disposable income.” Id. at 872-73. Kagenveama also relied on pre-BAPCPA prac- tice, which it read to support the mechanical approach. Id. at 873-74 & n.2. It rejected the forward-looking approach, stat- ing that nothing in the Bankruptcy Code supports the reading of “disposable income” as merely a presumptive starting point, subject to modification. Id. at 874-75. Finally, the court rejected the contention that the mechanical approach led to absurd results. Id. at 875. IN RE FLORES 10325 In adopting the hybrid approach to the “applicable commit- ment period,” Kagenveama stated: The Trustee argues that “applicable commitment period” mandates a temporal measurement, i.e., it denotes the time by which a debtor is obligated to pay unsecured creditors, while Kagenveama argues that it mandates a monetary multiplier, i.e., it is merely useful in calculating the total amount to be repaid by a debtor. Based on the plain language of the statute, we conclude that the Trustee’s interpre- tation is correct, but that the “applicable commit- ment period” requirement is inapplicable to a plan submitted voluntarily by a debtor with no “projected disposable income.” Id. (emphasis added). The court reasoned that any payments made by such a debtor must derive from sources other than “projected disposable income,” and so the “applicable com- mitment period,” which is tied to that term, would be irrele- vant. Id. at 876. The court’s analysis relied on the text of the statute, and explicitly rejected policy arguments to the con- trary: [O]nly “projected disposable income” is subject to the “applicable commitment period” requirement. Any money other than “projected disposable income” that the debtor proposes to pay does not have to be paid out over the “applicable commitment period.” There is no language in the Bankruptcy Code that requires all plans to be held open for the “applicable commitment period.” Section 1325(b)(4) does not contain a freestanding plan length requirement; rather, its exclusive purpose is to define “applicable commitment period” for purposes of the § 1325(b)(1)(B) calculation. Subsection (b)(4) states 10326 IN RE FLORES “For purposes of this subsection, the ‘applicable commitment period’ . . . shall be . . . not less than 5 years” for above-median debtors. Subsection (b)(1)(B) states that “the debtor’s ‘projected dispos- able income’ to be received in the ‘applicable com- mitment period’ . . . will be applied to make payments under the plan.” When read together, only “projected disposable income” has to be paid out over the “applicable commitment period.” When there is no “projected disposable income,” there is no “applicable commitment period.” Subsections (b)(2) (“disposable income”) and (b)(3) (“amounts reasonably necessary to be expend- ed”) exist only to define terms relevant to the sub- section (b)(1)(B) calculation. Subsection (b)(4), which defines “applicable commitment period,” is no different. . . . . Thus, the “applicable commitment period” applies only to plans that feature “projected disposable income.” Here there is none. A recent decision by the Eighth Circuit Bank- ruptcy Appellate Panel (“BAP”) supports limiting the application of the “applicable commitment peri- od” to plans that have “projected disposable income.” In re Frederickson, 375 B.R. 829, 835 (2007). In Frederickson, the BAP held that “applica- ble commitment period” does not refer to a mini- mum plan duration, but rather it refers to the time in which the debtor must pay “projected disposable income” to the trustee. Id. Another statutory provi- sion, § 1322(d),[6] governs plan duration for above median income debtors. Id. The BAP concluded that 6 Section 1322(d) provides in relevant part that “[i]f the current monthly income of the debtor and the debtor’s spouse combined, [is above median] . . . the plan may not provide for payments over a period that is longer than 5 years.” 11 U.S.C. § 1322(d). IN RE FLORES 10327 “[§ ] 1322(d) would be superfluous if § 1325(b)(4) set the length of the plan.” Id. We find this reasoning persuasive. . . . We must enforce the plain language of the Bankruptcy Code as written. We may not make changes to the plain language of the Bankruptcy Code based on policy concerns because that is the job of Congress. Id. at 876-77 (citations and footnote omitted) (4th ellipsis added). [5] The court also noted that its interpretation was not inconsistent with pre-BAPCPA practice, which similarly pro- vided for a temporal period (in that case, a period of “three years”). However, the court found that when a debtor had no disposable (or projected disposable) income, there was no “applicable commitment period” to apply. Id. at 875-76. Such a scenario — a debtor with no projected disposable income who could nonetheless make payments to unsecured creditors — did not exist pre-BAPCPA because BAPCPA replaced a debtor’s actual ability to pay (based on real numbers) with a formula for calculating disposable income. See Alexander, 344 B.R. at 750. Thus, there was no applicable pre-BAPCPA practice with respect to debtors with no disposable income, as such debtors could not propose confirmable plans prior to the Act. See id. (“[A] debtor under the new ‘disposable income’ test may show a zero or negative number, yet may be able to make the required showing that she actually has enough income to fund a confirmable plan.”). D. The Supreme Court’s Decision in Lanning [6] Lanning involved a debtor whose “current monthly income” — the pre-petition baseline from which one calcu- lates “disposable income” under § 1325(b)(2) — was inflated well beyond her actual post-petition income because of a one- 10328 IN RE FLORES time aberration. 130 S. Ct. at 2470 (explaining that the debtor had received a one-time buyout from her former employer prior to filing for bankruptcy, and that these one-time pay- ments had “greatly inflated” her disposable income). In such a scenario, applying the mechanical approach to calculating her “projected disposable income” would have resulted in monetary payments that would substantially exceed her abil- ity to pay. Id. The Supreme Court rejected the mechanical approach and adopted the forward-looking approach, overrul- ing the portion of Kagenveama that addressed “projected dis- posable income.” Id. at 2469. In so doing, the Lanning Court relied primarily on a textual analysis that distinguished “projected disposable income” from “disposable income.” The Court reasoned that “the ordi- nary meaning of the term ‘projected’ . . . . takes past events into account, [but allows] adjustments . . . based on other fac- tors that may affect the final outcome.” Id. at 2471-72; see also id. at 2471 (“[I]n ordinary usage future occurrences are not ‘projected’ based on the assumption that the past will nec- essarily repeat itself.”). It rejected Kagenveama’s argument that the forward-looking approach renders the definition of “disposable income” superfluous: This argument overlooks the important role that the statutory formula for calculating “disposable income” plays under the forward-looking approach. As the Tenth Circuit recognized in this case, a court taking the forward-looking approach should begin by calculating disposable income, and in most cases, nothing more is required. It is only in unusual cases that a court may go further and take into account other known or virtually certain information about the debtor’s future income or expenses. Id. at 2475. The Court also looked to the meaning of “project- ed” in other federal statutes, which used “projected” to mean IN RE FLORES 10329 not just “simple multiplication,” but estimates adjusted for changed conditions and trends. Id. at 2472. The Court further supported its conclusion by reference to pre-BAPCPA practices, which it evaluated differently than did the Ninth Circuit. See id. at 2472-74. Specifically, the Court noted that pre-BAPCPA courts used the mechanical approach as a starting point, but “also had discretion to account for known or virtually certain changes in the debtors’ income.” Id. at 2473-74. The Court concluded that “[i]n light of this historical practice,” and because “Congress did not amend the term ‘projected disposable income’ in 2005,” “we would expect that, had Congress intended for ‘projected’ to carry a specialized — and indeed, unusual — meaning in Chapter 13, Congress would have said so expressly.” Id. Finally, the Court considered the senseless consequences that could result from the mechanical approach: In cases in which a debtor’s disposable income during the 6-month look-back period is either sub- stantially lower or higher than the debtor’s dispos- able income during the plan period, the mechanical approach would produce senseless results that we do not think Congress intended. In cases in which the debtor’s disposable income is higher during the plan period, the mechanical approach would deny credi- tors payments that the debtor could easily make. And where, as in the present case, the debtor’s disposable income during the plan period is substantially lower, the mechanical approach would deny the protection of Chapter 13 to debtors who meet the chapter’s main eligibility requirements. Id. at 2475-76. [7] Lanning did not address the meaning of “applicable commitment period.” Its holding only concerned the interpre- tation of “projected disposable income.” 10330 IN RE FLORES E. Lanning’s Impact on Kagenveama and This Case [8] In the instant case, we confront the question of Kagen- veama’s continued vitality in light of Lanning. Lanning nec- essarily overruled the first part of Kagenveama. See In re Henderson, 455 B.R. 203, 208 (Bankr. D. Idaho 2011) (“Because the Supreme Court adopted the forward-looking approach, as opposed to the Kagenveama-favored mechanical approach, Kagenveama’s instructions to bankruptcy courts for calculating debtors’ projected disposable income were effec- tively overruled.”). What remains unsettled is whether Lan- ning’s reasoning, which did not address the “applicable commitment period” question, is clearly irreconcilable with and thus effectively overruled Kagenveama’s second holding interpreting “applicable commitment period.” In Miller v. Gammie, we explained that “issues decided by the higher court need not be identical in order to be control- ling. Rather, the relevant court of last resort must have under- cut the theory or reasoning underlying the prior circuit precedent in such a way that the cases are clearly irreconcil- able.” 335 F.3d 889, 900 (9th Cir. 2003) (en banc) (emphasis added)). Importantly, this inquiry does not ask how the panel would interpret the “applicable commitment period” provision if we were to consider the issue as a matter of first impression. Rather, we are bound by our prior precedent if it can be rea- sonably harmonized with the intervening authority. See, e.g., Avagyan v. Holder, 646 F.3d 672, 677 (9th Cir. 2011) (“A three-judge panel cannot reconsider or overrule circuit prece- dent unless an intervening Supreme Court decision under- mines an existing precedent of the Ninth Circuit, and both cases are closely on point.” (internal citations and quotation marks omitted)). In this case, we find that the Supreme Court’s decision in Lanning is not “clearly irreconcilable” with Kagenveama’s IN RE FLORES 10331 interpretation of “applicable commitment period.” We so con- clude for two reasons. First, the overall analytical framework of Lanning, which (1) employed a textual analysis of statutory language at issue, (2) reviewed pre-BAPCPA practice, and (3) examined policy consequences of a contrary interpretation, is consistent with our overall analytical approach in Kagen- veama. Second, the application of Lanning’s three-factor analysis in construing “projected disposable income” does not mandate any particular interpretation of the different term “applicable commitment period.” 1. Analytical Framework [9] The overarching analytical framework employed by the Supreme Court in Lanning is similar to and consistent with the analytical framework used by this court in Kagenveama. Lanning analyzed three factors. First, Lanning employed a textual analysis to determine the meaning of “projected dis- posable income” used in § 1325(b)(1) as it relates to “dispos- able income” defined in (b)(2) and (b)(3). Second, Lanning examined pre-BAPCPA practice, adopting the pre-BAPCPA approach to determining “projected disposable income” in the absence of any indication that Congress, in enacting BAP- CPA, intended to change that practice. Third, it tested for pos- sible senseless results that could arise under alternative interpretations of “projected disposable income.” Kagenveama employed the same general framework in its interpretation of “applicable commitment period.” Like Lan- ning, the court considered the text and structure of § 1325(b) (as well as the relationship to § 1322(d)) to determine the meaning of “applicable commitment period” as it is defined in (b)(4) and used in (b)(1). Kagenveama also briefly consid- ered pre-BAPCPA practice as it relates to the meaning of “pe- riod,” although the precise scenario the court addressed did not have a pre-BAPCPA analog. Finally, it considered possi- ble senseless results according to the statute’s purpose, and concluded that nothing in BAPCPA’s text or purpose man- 10332 IN RE FLORES dated a minimum term length or “applicable commitment period” for debtors who had no “projected disposable income.” 2. Application of the Three-Factor Framework [10] In addition to the fact that both Kagenveama and Lan- ning employed the same general analytical framework, there is nothing in Lanning’s specific application of the three-factor framework in interpreting “projected disposable income” (“PDI”) that is clearly inconsistent with Kagenveama’s appli- cation of that similar framework in interpreting “applicable commitment period” (“ACP”). a. Text and Structure of § 1325(b) First, Lanning’s textual analysis of “projected disposable income” is sui generis to the issue at hand therein. “Lanning [did not] directly address[ ] the applicable commitment period concept at issue in Kagenveama.” Henderson, 455 B.R. at 209; see also In re Reed, 454 B.R. 790, 801 (Bankr. D. Or. 2011) (noting that the Supreme Court has not “dealt with the interpretation of the applicable commitment period for above- median debtors who have no projected disposable income”). In Lanning, the Court was singularly focused on the term “projected” as that term modified “disposable income.”7 “At 7 To place the holdings in Lanning and Kagenveama in context, we set forth the relevant provisions of § 1325: (b)(1) If the trustee or the holder of an allowed unsecured claim objects to the confirmation of the plan, then the court may not approve the plan unless, as of the effective date of the plan— .... (B) the plan provides that all of the debtor’s projected dispos- able income to be received in the applicable commitment period beginning on the date that the first payment is due under the plan will be applied to make payments to unsecured creditors under the plan. IN RE FLORES 10333 its base, Kagenveama relied on the plain meaning of the statu- tory terms and their context and relationship to each other. The Supreme Court neither rejected that approach nor the conclusion that the circuit reached with regard to ‘applicable commitment period.’ ” Reed, 454 B.R. at 803; see Henderson, 455 B.R. at 209 (“An extended discussion of Kagenveama’s analysis of the Code’s text and context in light of Lanning . . . would serve little purpose because [both] decisions focused on different portions of the Code”). Second, Lanning acknowledged the necessary relationship between the term “disposable income” defined in .... (2) For purposes of this subsection, the term “disposable income” means current monthly income received by the debtor . . . less amounts reasonably necessary to be expended[.] .... (3) Amounts reasonably necessary to be expended under para- graph (2), other than subparagraph (A)(ii) of paragraph (2), shall be determined in accordance with subparagraphs (A) and (B) of section 707(b)(2), if the debtor has current monthly income [above the applicable median income.] .... (4) For purposes of this subsection, the “applicable commitment period”— (A) subject to subparagraph (B), shall be— (i) 3 years; or (ii) not less than 5 years, if the current monthly income of the debtor and the debtor’s spouse combined, . . . is [above the applicable median income.] .... (B) may be less than 3 or 5 years, whichever is applicable under subparagraph (A), but only if the plan provides for payment in full of all allowed unsecured claims over a shorter period. 10334 IN RE FLORES § 1325(b)(2) and (b)(3) and the undefined term “projected disposable income” used in (b)(1); the calculation of dispos- able income under (b)(2) and (b)(3) obviously informs the determination of projected disposable income. In contrast, the relationship between the term “applicable commitment peri- od” as it is defined in (b)(4) and its use in (b)(1) is not so plain. Nothing in Lanning addresses how the ACP defined in (b)(4) should be applied to (b)(1). [11] Third, the definition of “projected” as used in defining “projected disposable income” is functionally independent of the determination of how the applicable commitment period affects the debtor’s obligation under § 1325(b)(1). The terms “projected” and “applicable commitment period” are indepen- dent variables. The only things Lanning changed were the potential “inputs” for determining a debtor’s projected dispos- able income. Kagenveama’s essential conclusion remains untouched; namely, one who has no projected disposable income, however calculated under Lanning, is not subject to an applicable commitment period. Kagenveama, 541 F.3d at 877; Reed, 454 B.R. at 802. We recognize that the Eleventh Circuit, considering the meaning of “applicable commitment period” as a matter of first impression, has held that “applicable commitment peri- od” is a “temporal term that prescribes the minimum duration of a debtor’s Chapter 13 bankruptcy plan” and in so holding, cited Lanning as supporting its conclusion: Lanning opens the door for the possibility that the final projected disposable income accepted by the bankruptcy court may not be the result of a strict § 1325(b)(1)(B) calculation. The “applicable com- mitment period” must have an existence independent of the § 1325(b)(1)(B) calculation. If “applicable commitment period” were left dependent upon pro- jected disposable income . . . , then it would neces- sarily be dependent on the multitude of IN RE FLORES 10335 indeterminate factors that Lanning has allowed to be used in the determination of projected disposable income. This in turn would leave “applicable com- mitment period” an indeterminate term. In order for “applicable commitment period” to have any definite meaning, its definition must be that of a temporal term derived from § 1325(b)(4) and independent of § 1325(b)(1). Tennyson, 611 F.3d at 878-79. While we need not determine whether we would reach the same conclusion were the question a matter of first impres- sion, Tennyson does not demonstrate that our decision in Kagenveama is clearly irreconcilable with Lanning. Lanning does not, as Tennyson suggests, render “applicable commit- ment period” an “indeterminate term.” Rather, under Kagen- veama, once PDI has been calculated according to Lanning, “applicable commitment period” remains a fixed term of either three years or five years under (b)(4); it simply does not go into effect for debtors who have no projected disposable income. Indeed, in Baud, the Sixth Circuit considered the opinions in both Kagenveama and Tennyson and acknowledged that “the plain-language arguments supporting each approach are nearly in equipoise.” 634 F.3d at 351. Considering as a matter of first impression whether the applicable commitment period applies when a debtor has no projected disposable income, Baud simply found “the interpretation of § 1325(b) that applies the applicable commitment period to debtors with zero or negative projected disposable income to be more persua- sive than the competing interpretation.” Id. Significantly, Baud did not even cite to Lanning in the portion of its opinion that considered the textual meaning of “applicable commit- ment period.” Id. at 350-51. Instead, because its textual analy- sis was inconclusive, “[f]or assistance in interpreting the statute, . . . [it] turn[ed] . . . to the guideposts provided by the 10336 IN RE FLORES Supreme Court in Lanning and Ransom.” Id. at 351. In that regard, Baud recognized the limited utility of Lanning as two of Lanning’s interpretive guideposts — the lack of explicit multiplier language and pre-BAPCPA practice — were inap- posite with respect to the meaning of “applicable commitment period” for debtors with no projected disposable income. Id. The only Lanning “guidepost” Baud found useful was its mandate to avoid “senseless results.” Id. at 352. On this ques- tion, Baud “conclude[d] that applying the applicable commit- ment period to debtors with zero or negative projected disposable income would best serve BAPCPA’s goal of ensuring that debtors repay creditors the maximum amount they can afford.” Id. at 356-57. However, even on this point, Baud acknowledged a substantial difference of opinion among courts as to which interpretation was preferable. See id. at 354-56. While the court concluded that its interpretation best comported with Lanning’s instruction to interpret BAP- CPA so as to “maximiz[e] creditor recoveries,” it did not hold that its was the only reasonable interpretation of the statute, nor did it hold that Lanning explicitly mandated a certain con- struction. Id. at 340. In short, Baud does not suggest that Lan- ning precludes a different conclusion, such as that reached in Kagenveama.8 8 The dissent overlooks the textual analysis of “applicable commitment period” as interpreted by Kagenveama and focuses solely on the policy and purposive interpretations of BAPCPA purportedly mandated by Lan- ning. However, such an approach sidesteps the central role of textual anal- ysis in both Kagenveama and Lanning, as well as Kagenveama’s explicit reasoning that we cannot ignore the statute’s plain meaning in the name of upholding its purpose: The Trustee suggests that we should require a five-year plan for confirmation under § 1325 to allow an extended period for unsecured creditors to seek modification under § 1329. If a debtor proposes a three-year plan, receives a discharge, and expe- riences an increase in income in year four, then the debtor receives a windfall at the expense of creditors. While this approach would promote the sound policy of requiring debtors to repay more of their debts, there is nothing in the Bankruptcy IN RE FLORES 10337 b. Pre-Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) Practice Second, Kagenveama does not run afoul of Lanning’s reli- ance upon pre-BAPCPA practice, Lanning, 130 S. Ct. at 2467, because as the Sixth Circuit observed in Baud, the ques- tion presented had never arisen pre-BAPCPA, 634 F.3d at 351. The precise scenario Kagenveama faced — the meaning of ACP for a debtor with no PDI — is one with no pre- BAPCPA analog. Such a scenario was a new question courts faced after BAPCPA, because the concept of a debtor with negative PDI did not previously exist. As one bankruptcy court has explained, “the pre-BAPCPA definition of ‘dispos- able income’ calculated a real number rather than a statutory” formula; therefore, “a debtor with no positive number simply had no means to fund the added costs of a Chapter 13 plan.” Alexander, 344 B.R. at 750; see also Baud, 634 F.3d at 351-52 (“[P]re-BAPCPA practice sheds no light here because ‘[t]o veterans of Chapter 13 practice, it runs afoul of basic principles to suggest that a debtor with no disposable income can nonetheless propose a confirmable plan[,] [y]et BAPCPA permits precisely that.’ ” (alterations in original) (quoting Alexander, 344 B.R. at 750)). BAPCPA’s standardized for- mula created a new scenario in which “a debtor under the new ‘disposable income’ test may show a zero or negative number, yet may be able to make the required showing that she actu- Code that requires a debtor with no “projected disposable income” to propose a five-year plan. We must enforce the plain language of the Bankruptcy Code as written. We may not make changes to the plain language of the Bankruptcy Code based on policy concerns because that is the job of Congress. Nothing in the Bankruptcy Code states that the “applicable commitment period” applies to all Chapter 13 plans. Kagenveama, 541 F.3d at 877 (emphasis added). The plain meaning of the applicable commitment period, as interpreted by Kagenveama, drove its analysis. As explained above, nothing about Lanning’s textual analysis overrules that interpretation. 10338 IN RE FLORES ally has enough income to fund a confirmable plan.” Alexan- der, 344 B.R. at 750. Thus, as Baud acknowledged, pre- BAPCPA practices offer no clear guidance as to whether any minimum plan length applies to debtors with negative pro- jected disposable income.9 c. Avoiding Absurd or Senseless Results [12] Finally, under the third factor of Lanning’s analytical framework, Lanning noted that the purpose of BAPCPA was to ensure that plans did not “deny creditors payments that the debtor could easily make.” Lanning, 130 S. Ct. at 2476; see also Ransom v. FIA Card Servs., N.A., 131 S. Ct. 716, 729 (2011) (describing “BAPCPA’s core purpose [as] ensuring that debtors devote their full disposable income to repaying creditors”); Baud, 634 F.3d at 356 (Lanning requires courts to “apply the interpretation that has the best chance of fulfilling BAPCPA’s purpose of maximizing creditor recoveries”); H.R. Rep. No. 109-31(I), at 2 (2005), reprinted in 2005 U.S.C.C.A.N. 88, 89 (describing “[t]he heart of the bill’s con- sumer bankruptcy reforms” as designed to “ensure that debt- ors repay creditors the maximum they can afford”).10 9 Indeed, even as to the broader interpretive question of whether “appli- cable commitment period” imposes a temporal requirement or merely a multiplier (including for debtors with positive projected disposable income), pre-BAPCPA practice offers no clear answer. Pre-BAPCPA, § 1325(b)(1)(B) mandated that debtors pay “all of the debtor’s projected disposable income to be received in the three-year period beginning on the date that the first payment is due under the plan.” Anderson v. Satter- lee (In re Anderson), 21 F.3d 355, 357 (9th Cir. 1994) (emphasis omitted) (emphasis added) (quoting § 1325(b)(1)(B)). The pre-BAPCPA practice with respect to the meaning and application of this three-year period was not uniform. Compare, e.g., In re Slusher, 359 B.R. 290, 302-03 (Bankr. D. Nev. 2007) (stating that “most [pre-BAPCPA] courts construed the Section 1325(b)(1)(B) ‘three-year period’ as a temporal minimum during plan confirmation.”) (collecting cases), with, e.g., In re Swan, 368 B.R. 12, 26 (Bankr. N.D. Cal. 2007) (“Several pre-BAPCPA cases permitted debt- ors to payoff the plan balance and exit [C]hapter 13 in less than 36 months without paying unsecured creditors in full.”) (collecting cases). 10 The dissent points to a passage in this legislative history as supporting the notion that above-median debtors are to be held to a five-year plan IN RE FLORES 10339 Construction of the statute should not yield senseless results as measured against BAPCPA’s purpose. [13] The bankruptcy court concluded that Kagenveama created absurd results that diverged from this purpose, as debtors could propose short plans that would deprive creditors of the opportunity to receive further payments if the debtors’ financial circumstances improved within the five years after confirmation. However, Kagenveama’s construction of “ap- plicable commitment period” does not necessarily lead to senseless results in contravention of Congress’s purpose. As Kagenveama found, the only circumstance in which a debtor can avoid the applicable commitment period is if she has no projected disposable income. At that point, the court has already determined that there are no such “payments that the debtor could easily make” as defined by the Bankruptcy Code. Lanning, 130 S. Ct. at 2476. As the bankruptcy court in Henderson explained, “the majority in Kagenveama noted that requiring a plan to remain open for a specific duration where there is no projected disposable income would do noth- duration (unless they pay their unsecured claims in a shorter period) because it contains the title: “Chapter 13 Plans to Have a 5-Year Duration in Certain Cases.” However, we can discern no such meaning from that passage. The House Report language is ambiguous, as it states that “a chapter 13 plan may not provide for payments over a period that is not less than five years if the current monthly income of the debtor and the debt- or’s spouse combined exceeds certain monetary thresholds.” H.R. Rep. No. 109-31(I), § 318, at 79 (2005), reprinted in 2005 U.S.C.C.A.N. 88, 146 (emphases added). The above sentence does not mandate a five-year plan for debtors; its wording suggests five years is a maximum, a state- ment consistent with its citation, inter alia, to 11 U.S.C. § 1322(d) (setting a maximum plan duration of five years for above-median debtors). In addi- tion, the House Report also refers to the bankruptcy court’s ability to approve plans up to five years in length for below-median debtors, upon a showing of cause. Thus, the title’s reference to “certain cases” is elastic enough to encompass a variety of situations. Accordingly, we cannot read the legislative history as providing any clear indication as to the meaning of “applicable commitment period” or its application to the instant case. 10340 IN RE FLORES ing to further § 1325(b)(1)’s stated purpose of verifying that debtors’ ‘disposable income will be paid to unsecured credi- tors’ because, under the workings of the Code, those debtors have no disposable income with which to make such pay- ments.” Henderson, 455 B.R. at 211 (quoting Kagenveama, 541 F.3d at 876). Indeed, the fact that “projected disposable income” is to be determined under the more flexible forward-looking approach under Lanning adds assurance that able debtors will not escape their obligations even under Kagenveama’s definition of “applicable commitment period.” See Lanning, 130 S. Ct. at 2476 (highlighting the need to ensure that projected dispos- able income calculations give creditors all “payments that the debtor could easily make,” but not to require more than they are capable of paying so as to “deny the protection of Chapter 13 to debtors who meet the chapter’s main eligibility require- ments”). The dissent highlights one potential gap in the statute’s pro- tections for creditors — certain future increases in a debtor’s income may not be sufficiently “certain” to be included in the debtor’s projected disposable income under Lanning. How- ever, this risk is minimal and mitigated by the fact that the applicable commitment period is not the only weapon in cred- itors’ arsenal to ensure that Chapter 13 plans provide for the maximum payments debtors can afford. For example, debtors are required to propose plans in good faith according to § 1325(a)(3), which, although subject to some dispute post- BAPCPA, has generally been applied using a totality of the circumstances test to determine if debtors have “ ‘unfairly manipulated the Bankruptcy Code, or otherwise proposed their [C]hapter 13 plan in an inequitable manner.’ ” In re Bris- coe, 374 B.R. 1, 22 (Bankr. D.D.C. 2007) (brackets removed) (quoting Goeb v. Heid (In re Goeb), 675 F.2d 1386, 1390 (9th Cir. 1982)); see In re Marti, 393 B.R. 697, 700 (Bankr. D. Neb. 2008) (finding lack of good faith under § 1325(a)(3) and (a)(7) where the debtor “went from no income prior to filing IN RE FLORES 10341 to substantial income immediately after filing” and could therefore afford to pay his creditors despite his lack of dispos- able income according to the statutory test).11 “Other confir- mation requirements would include the best-interests test set forth in § 1325(a)(4).” Baud, 634 F.3d at 352 n.19 (citing 11 U.S.C. § 1325(a)(4) (providing that, in order for a Chapter 13 plan to be confirmable, “the value, as of the effective date of the plan, of property to be distributed under the plan on account of each allowed unsecured claim is not less than the amount that would be paid on such claim if the estate of the debtor were liquidated under [C]hapter 7 of this title on such date”)). In addition, courts have used the “absurd results” rationale to justify conclusions on both sides of this debate. See, e.g., In re Williams, 394 B.R. 550, 570 (Bankr. D. Colo. 2008) (adopting a monetary approach to the applicable commitment period because it “allows the possibility that a debtor will pay 11 We do not address in this opinion the full scope of the good faith requirement in § 1325(a)(3) and how it interacts with § 1325(b) and other requirements of the Bankruptcy Code. However, we note that, although the dissent points to (In re Lepe) in support of its contention that compli- ance with Kagenveama could foreclose a bad faith argument based on, e.g., a short payment plan of only a few months, Lepe specifically lists “[t]he probable or expected duration of the plan,” as well as “[t]he debt- ors’ employment history, ability to earn, and likelihood of future increases in income” as factors the bankruptcy court may consider in assessing the good faith requirement. See Meyer v. Lepe (In re Lepe), 470 B.R. 851, 857 (B.A.P. 9th Cir. 2012) (internal quotation marks omitted). Indeed, Lepe made clear that bankruptcy courts must reject any per se applications of the good faith requirement based on any one factor, and must instead engage in a detailed, case-by-case determination of good faith based on the totality of the circumstances, including plan duration. See id. at 856- 58; see also id. at 862 (quoting, e.g., Drummond v. Welsh (In re Welsh), 465 B.R. 843, 854 (B.A.P. 9th Cir. 2012) (“ ‘[A] debtor’s lack of good faith cannot be found based solely on the fact that the debtor is doing what the Code allows.’ ”) (emphasis added). Thus, even if a short payment plan is not sufficient to constitute the sole basis for a bad faith finding, Lepe does not foreclose a bankruptcy court from considering it as one among many factors. 10342 IN RE FLORES off his unsecured creditors more quickly,” increases the pres- ent value of the payments, and “reduces the chances of a default on plan payments”). Some courts have rejected a strict temporal approach to the applicable commitment period for debtors without projected disposable income, reasoning that such debtors are not required to pay anything to unsecured credi- tors because of the mandatory calculation of income and expenses under §§ 1325(b)(2) and (b)(3). The trustee would require debtors who can pay arrear- ages on secured debt during the initial months of the plan to keep their cases open for 60 months with plan payments of $0 and a payout to unsecured cred- itors of $0. Debtors would be kept in a pointless bankruptcy “limbo” in which no payments are owed but no discharge is granted. As the court noted in In re Fuger, 347 B.R. 94, 101 (Bankr. D. Utah 2006), “[I]t makes little sense to hold the debtor hostage for 60 months where the debtor can satisfy the require- ments of § 1325(b)(1)(B) in a shorter period.” In re Mathis, 367 B.R. 629, 634 (Bankr. N.D. Ill. 2007). Arguably, there are potentially perverse results for creditors when debtors who have no obligation to propose any pay- ments to unsecured creditors because they have no projected disposable income, are nonetheless forced to propose only 60- month plans in which to pay priority and administrative claims. As the bankruptcy court in In re Burrell explained: Here, Debtors are proposing to pay the IRS, their attorney, and the Trustee as required. There is no dispute that their monthly projected disposable income is a negative number. Thus, there is also no dispute that they are not required to propose to pay any amount to unsecured creditors in order to obtain confirmation of their Plan. The amount that they are IN RE FLORES 10343 proposing to pay unsecured creditors is completely gratuitous. The Debtors have established the feasibil- ity of their Plan by filing a Schedule J showing that they intend to live on a budget which includes less for living expenses than they would be allowed to spend as reasonable and necessary expenses per the required statutory calculation of their disposable income. See 11 U.S.C. § 1325(b)(3). If required to amend their Plan to provide for a five year duration, Debtors could reduce their monthly payment amounts to the Trustee so that the same aggregate amount would be paid over the lon- ger duration. This would mean that the IRS and Debtors’ attorney would get smaller distributions each month than now proposed and would bear the loss of the time value of money by reason of the deferral of the payments to them. But, the Code does not require the Debtors to stretch out payments to the IRS and their attorney for five years. The applicable commitment period, under any interpretation, applies only to the treatment of general unsecured creditors. See 11 U.S.C. § 1325(b)(1). There is, therefore, sim- ply no basis to deny confirmation of a Chapter 13 plan which proposes to pay priority and administra- tive claims sooner rather than later. The Code does not require the IRS to be paid at a slower pace than Debtors are willing and able to pay simply to ensure that the case stays open for five years on the chance that Debtors will have a significant increase in income and can then be required to modify their Plan to pay more to unsecured creditors. In re Burrell, No. 08-71716, 2009 WL 1851104, at *4-5 (Bankr. C.D. Ill. June 29, 2009). [14] In sum, there is no singular view as to which interpre- tation of the ACP would best fulfill BAPCPA’s purpose. We 10344 IN RE FLORES cannot say that Kagenveama’s interpretation of the ACP and its effect under § 1325(b)(1) will lead to senseless results in contravention of Congress’s purpose in enacting the BAP- CPA. In this regard, Kagenveama is not inconsistent with Lanning. V. CONCLUSION [15] As one court has noted, “many jurists and commenta- tors have written . . . ably on this issue” and “cogent argu- ments, both of statutory construction and of bankruptcy policy, have certainly been made” on all sides. In re Moose, 419 B.R. 632, 635 (Bankr. E.D. Va. 2009). Were we writing on a clean slate, the contrary conclusion reached by the Sixth and Eleventh Circuits on this question would deserve consid- eration. The Trustee raises legitimate policy considerations as to why a mandated plan length might be desirable even when debtors have no projected disposable income. The dissent highlights some of these legitimate policy concerns. However, we do not write on a clean slate. Instead, our analysis is con- strained by our own prior authority, which we are bound to follow unless it is clearly irreconcilable with Lanning. We are not convinced that Lanning has “undercut the theory or rea- soning underlying [Kagenveama] in such a way that the cases are clearly irreconcilable.” Gammie, 335 F.3d at 900 (empha- sis added). Thus, only the Supreme Court or an en banc panel of this court may revisit Kagenveama’s holding regarding the applicable commitment period. [16] Accordingly, we conclude that the bankruptcy court erred in disregarding Kagenveama. REVERSED AND REMANDED. IN RE FLORES 10345 GRABER, Circuit Judge, dissenting: I respectfully dissent. In my view, we are not compelled to follow Maney v. Kagenveama (In re Kagenveama), 541 F.3d 868 (9th Cir. 2008), because it is “clearly irreconcilable” with Hamilton v. Lanning, 130 S. Ct. 2464 (2010). See Miller v. Gammie, 335 F.3d 889, 900 (9th Cir. 2003) (en banc) (stating principle that a three-judge panel is not bound by a prior cir- cuit precedent in this circumstance). Kagenveama created a rule under which our circuit set no minimum duration on plans confirmable by certain debtors, such as the ones in this case. See 541 F.3d at 877 (holding that, when a debtor’s projected disposable income was nega- tive, the applicable commitment period “did not apply” and offering no substitute durational requirement).1 That aspect of Kagenveama is clearly irreconcilable with Lanning, which interprets 11 U.S.C. § 1325(b) (the “disposable income test”) as a vehicle for achieving the congressional intent of making debtors pay as much as they can, but no more, over a fixed period, while allowing discretion to adjust the payout up or down as required by the debtor’s evolving financial situation. In Lanning, the Court rejected the practical consequences resulting from a “mechanical” calculation of projected dispos- able income, reasoning: In cases in which a debtor’s disposable income during the 6-month look-back period is either sub- stantially lower or higher than the debtor’s dispos- able income during the plan period, the mechanical approach would produce senseless results that we do not think Congress intended. In cases in which the debtor’s disposable income is higher during the plan period, the mechanical approach would deny credi- tors payments that the debtor could easily make. 1 Indeed, Trustee represents that, in the wake of Kagenveama, some debtors have proposed plans as short as six months. 10346 IN RE FLORES And where, as in the present case, the debtor’s dis- posable income during the plan period is substan- tially lower, the mechanical approach would deny the protection of Chapter 13 to debtors who meet the chapter’s main eligibility requirements. 130 S. Ct. at 2475-76 (emphases added). Lanning involved pre-confirmation adjustments to plan payments, “to account for known or virtually certain changes” in a debtor’s income. Id. at 2475. But, to avoid “deny[ing] creditors payments that the debtor could easily make,” Lan- ning’s logic must also require a mechanism for post- confirmation adjustments for unforeseen increases in a debt- or’s income.2 That mechanism is the plan modification proce- 2 The majority observes that creditors will be able to capture the benefit of increases to a debtor’s income because of Lanning’s flexible and forward-looking approach to calculating projected disposable income. Maj. op. at 10340. But Lanning applies only to known, or “virtually cer- tain,” increases in income. 130 S. Ct. at 2475. Lanning does not allow courts discretion to consider foreseeable yet uncertain increases to a debt- or’s income. Consider, for example, a law student who has secured a lucrative associate position, contingent on passing a bar examination. For the purposes of Chapter 13 eligibility, assume further that the law student is also working part time. See 11 U.S.C. § 109(e) (requiring that an indi- vidual have regular income in order to be eligible for relief under Chapter 13). The law student’s income will foreseeably increase in the near future, but that increase is not “virtually certain,” so Lanning does not allow con- sideration of the potential increase in calculating projected disposable income. Thus, under Kagenveama, such a debtor can propose a plan that terminates before he or she starts the new job, thereby denying creditors payments that the debtor could easily make in the future. The majority offers § 1325(a)(3)’s good faith requirement as a solution to this problem, but compliance with Kagenveama’s reading of the Bank- ruptcy Code may foreclose any bad faith argument. See Meyer v. Lepe (In re Lepe), 470 B.R. 851 (B.A.P. 9th Cir. 2012) (concluding that bad faith cannot rest solely on a plan’s attempt to do that which the Bankruptcy Code allows). Finally, none of the majority’s solutions contends with the problem of unforeseen increases in a debtor’s income. IN RE FLORES 10347 dure of 11 U.S.C. § 1329. See Kagenveama, 541 F.3d at 877 (“If [the debtor’s] income changes in the future before com- pletion of the plan, the Trustee or the holder of an unallowed secured claim may seek modification of the plan under § 1329.”). That mechanism would be illusory unless a plan has some minimum duration.3 See id. at 879 (Bea, J., dissent- ing in part) (“The five-year requirement of § 1325 . . . is a necessary component of plan modification. If the plan is not continued for a five-year period (post-confirmation), an unse- cured creditor who discovers the debtor’s finances have dra- matically improved will find that there is no extant plan to modify.”).4 Accordingly, Lanning precludes any reading, such as Kagenveama’s, that imposes no minimum duration on a Chapter 13 plan. The majority suggests that my interpretation ignores the “ ‘plain language of the Bankruptcy Code’ ” and does so merely for reasons of policy. Maj. op. at 10337 n.8 (quoting Kagenveama, 541 F.3d at 877). Not so. My approach is moti- vated not by policy concerns, but by fidelity to Lanning’s 3 The imposition of a minimum duration is consistent with Chapter 13’s fundamental nature as a mechanism for voluntary repayment over time by wage earners, as distinct from lump-sum liquidation under Chapter 7. See generally 8 Collier on Bankruptcy ¶ 1300.02 (Alan N. Resnick & Henry J. Sommer eds., 15th ed. rev.). 4 In Baud v. Carroll, 634 F.3d 327, 354-57 (6th Cir. 2011), cert. denied, 132 S. Ct. 997 (2012), the Sixth Circuit presented a more thorough discus- sion of whether a longer plan period would necessarily provide a longer time for plan modification, analyzing a separate question regarding the interpretation of the phrase “completion of payments” for the purposes of plan modification under § 1329. That court declined to resolve the § 1329 question, concluding that it did not affect the analysis of the issue on appeal. See id. at 356 (“The meaning of ‘completion of payments’ under § 1329(a) is an interesting question that is not before us and therefore must await another day.”). The parties here do not raise or discuss the “completion of payments” question. I agree with the Sixth Circuit that the “applicable commitment period” question can and should be resolved without delving into the “completion of payments” question. 10348 IN RE FLORES view of congressional intent. See United States v. Ron Pair Enters., 489 U.S. 235, 242 (1989) (“The plain meaning of leg- islation should be conclusive, except in the rare cases in which the literal application of a statute will produce a result demonstrably at odds with the intentions of its drafters. In such cases, the intention of the drafters, rather than the strict language, controls.” (emphasis added) (citation, internal quo- tation marks, and brackets omitted)). The need for a minimum plan duration, then, leads to the conclusion that Kagenveama cannot be reconciled with Lan- ning and leaves it to this court to decide what that duration should be in the case of a debtor with negative disposable income. In my view, we should answer that question by look- ing to the statutory provision that comes closest to setting a minimum plan duration—the “applicable commitment peri- od” definition. That is, so long as some minimum duration is necessary, it makes sense to derive that duration from the def- inition of “applicable commitment period,” as the Sixth and Eleventh Circuits have done. Baud, 634 F.3d 327; Whaley v. Tennyson (In re Tennyson), 611 F.3d 873 (11th Cir. 2010). Furthermore, the legislative history of the disposable income test supports that approach: Chapter 13 Plans To Have a 5-Year Duration in Certain Cases. Paragraph (1) of section 318 of the Act amends Bankruptcy Code sections 1322(d) and 1325(b) to specify that a chapter 13 plan may not provide for payments over a period that is not less than five years if the current monthly income of the debtor and the debtor’s spouse combined exceeds certain monetary thresholds. If the current monthly income of the debtor and the debtor’s spouse fall below these thresholds, then the duration of the plan may not be longer than three years, unless the court, for cause, approves a longer period up to five years. The applicable commitment period may be less if the plan provides for payment in full of all allowed IN RE FLORES 10349 unsecured claims over a shorter period. Section 318(2), (3), and (4) make conforming amendments to sections 1325(b) and 1329(c) of the Bankruptcy Code. H.R. Rep. No. 109-31(I), § 318, at 79 (2005), reprinted in 2005 U.S.C.C.A.N. 88, 146 (emphasis added). The quoted section is confusingly worded, but the title suggests that above-median debtors are to be held to a five-year minimum plan duration without regard to their expenses or disposable income, unless they pay unsecured claims in full over a shorter period. The majority admits that, as between the two competing statutory interpretations at the heart of this case, neither is necessarily more correct than the other. Maj. op. at 10335-36, 10344. The majority also concedes that, were it “writing on a clean slate, the contrary conclusion reached by the Sixth and Eleventh Circuits on this question would deserve consider- ation.” Id. at 10344. Because our circuit’s rule is clearly irrec- oncilable with later Supreme Court precedent, we are writing on a clean slate. In so doing, we should consider most strongly the intent of Congress (to require debtors to pay cred- itors what they can readily afford) and the need for national uniformity in the application of the federal bankruptcy laws. Those two factors compel the conclusion that Kagenveama no longer is good law. I would therefore adopt the holdings of our sister circuits and affirm the bankruptcy court’s decision.