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Well runs dry for ‘extra’ Chapter 7 trustee pay
Bankruptcy

Well runs dry for ‘extra’ Chapter 7 trustee pay

Posted on: May 5, 2024

Listen to this article Attorneys who may have been looking forward to a sweetening of their compensation for service as Chapter 7 trustees have for the second year […]

Bankruptcies up 16 percent, U.S. Judiciary reports
Bankruptcy

Bankruptcies up 16 percent, U.S. Judiciary reports

Posted on: April 28, 2024April 29, 2024

Listen to this article Bankruptcy filings rose 16 percent during the 12-month period ending March 31, according to the latest data released by the U.S. Judiciary. The Administrative […]

Chapter 13 debtor avoids pre-petition foreclosure sale
Bankruptcy

Chapter 13 debtor avoids pre-petition foreclosure sale

Posted on: April 26, 2024April 28, 2024

Listen to this article A U.S. Bankruptcy Court judge has decided that a Chapter 13 debtor whose home was sold at a foreclosure auction before he filed his […]

Bankruptcy – Cannabis – Proceeds
Bankruptcy

Bankruptcy – Cannabis – Proceeds

Posted on: April 26, 2024April 28, 2024

Listen to this article Where a Chapter 13 debtor proposed a plan that would have been funded with earnings from his employment at a cannabis dispensary, a U.S. […]

Bankruptcy – Misclassification – Intent
Bankruptcy

Bankruptcy – Misclassification – Intent

Posted on: April 26, 2024April 28, 2024

Listen to this article Where a defendant filed a Chapter 7 petition after being held liable in state court for misclassifying two plaintiffs as independent contractors rather than […]

Cannabis dispensary worker ineligible for bankruptcy relief under Ch. 13
Bankruptcy

Cannabis dispensary worker ineligible for bankruptcy relief under Ch. 13

Posted on: April 26, 2024April 28, 2024

Listen to this article The U.S. Bankruptcy Appellate Panel has found that an employee of a state-licensed cannabis business could not avail himself of Chapter 13 protection. The […]

Bankruptcy – Mortgage – Equitable estoppel
Bankruptcy

Bankruptcy – Mortgage – Equitable estoppel

Posted on: April 26, 2024April 28, 2024

Listen to this article Where a plaintiff debtor has filed a complaint alleging violations of various state and federal consumer protection laws related to a mortgage loan, judgment […]

Bankruptcy – Preferential payments – Ordinary course of business
Bankruptcy

Bankruptcy – Preferential payments – Ordinary course of business

Posted on: April 26, 2024April 28, 2024

Listen to this article Where an adversary proceeding has been brought to recover transfers made by the debtor to the defendant during the 90-day period before the filing […]

Trustee can recoup ‘preferential’ pre-petition transfers
Bankruptcy

Trustee can recoup ‘preferential’ pre-petition transfers

Posted on: April 26, 2024April 29, 2024

Listen to this article A Chapter 7 trustee could recover $56,000 in transfers the debtor made to one of its creditors during the 90-day “preferential period” leading up […]

Bankruptcy – Homestead – Resulting trust
Bankruptcy

Bankruptcy – Homestead – Resulting trust

Posted on: April 26, 2024April 29, 2024

Listen to this article Where two creditors have objected to a homestead exemption claimed by a debtor, that objection should be sustained because the debtor failed to meet […]

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