-
A debtor was not eligible for Chapter 13 bankruptcy status when he did not complete required debt counseling prior to filing his case, the U.S. Bankruptcy Appellate Panel for the Eighth Circuit held.
The counseling provision is mandated by the Bankruptcy Abuse Prevention and Consumer Debt Act of 2005 (BAPCPA), which, among other amendments, introduced new eligibility requirements for individuals seeking bankruptcy protection.
-
In the first opinion authored by Justice Elena Kagan, the Supreme Court ruled that a Chapter 13 debtor may not deduct the "ownership costs" of a vehic...
-
A Chapter 13 debtor who had no loan or lease payments was still entitled to deductions for expenses associated with his vehicles, the 1st Circuit Bankruptcy Appellate Panel has ruled in reversing judgment.
Chapter 13 of the Bankruptcy Code now requires those with above- median incomes to pay their "projected disposable income" to unsecured creditors for an "applicable commitment period" of 60 months.
-
In the first opinion authored by Justice Elena Kagan, the Supreme Court ruled that a Chapter 13 debtor may not deduct the "ownership costs" of a vehic...
-
A married couple did not meet the income eligibility requirements for Chapter 13 bankruptcy relief - even when taking into account a loan from a family friend, the 1st Circuit Bankruptcy Appellate Panel has ruled in affirming a dismissal.
Section 109(e) of the Bankruptcy Code provides that only an "individual with a regular income" is eligible to obtain relief under Chapter 13.
-
... November 29, 2011-Decided May 14, 2012 Chapter 12 of the Bankruptcy Code allows farmer debtors wi...S. C. §§1398, 1399, it does not "incur" postpetitionfederal income ta... taxes with the IRC separate taxable entity rules for federal taxes. This Court assumes that ...
-
Title 40: Protection of Environment. CHAPTER I: ENVIRONMENTAL PROTECTION AGENCY (CONTINUED). SU... transportation control plan submitted on April 13, 1973, by the Governor. (5) Compliance schedules s...(14) Revision to Oregon Administrative Rules (OAR) Chapter 340, sections 25-105 through 25-130,...
-
A discharge of debts in a Chapter 13 case isn't barred by the Bankruptcy Code's new prohibition on the receipt of a discharge of debts within four years of obtaining relief under Chapter 7, the 6th Circuit has ruled.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 added [section]1328(f) to the Bankruptcy Code. The provision states that a Chapter 13 debtor may not receive a discharge of his debts if he "received a discharge ... in a case filed under Chapter 7 ... of this title during the 4-year period preceding" the filing of his Chapter 13 petition.
-
General Motors Acceptance Corp. (GMAC) asked the U.S. Bankruptcy Court for the Western District of New York to consider a retail installment contract as an executory contract, in reviewing a Chapter 13 plan in In re: Joseph D. Godsey, Jr.
The district's chief bankruptcy judge, Judge John C. Ninfo, II, denied the creditor's objection to the Chapter 13 plan, finding no basis in law to classify GMAC's standard financing contract as executory to have the bankruptcy stay lifted. The court confirmed the debtor's plan to pay the replacement value of the vehicle in question, plus interest as determined by the court. Any balance on the loan would be treated as an unsecured claim.
-
A plaintiff didn't lose standing to bring a federal suit over unfair debt collection practices when she filed for Chapter 13 bankruptcy protection, the 10th Circuit has ruled in reversing a dismissal. The plaintiff sued various defendants for violating the federal Fair Debt Collection Practices Act.
The defendants argued that the plaintiff lacked standing to sue because her Chapter 13 case was still pending and her claims consequently belonged to her bankruptcy estate.