A client calls his lawyer after receiving his chapter 7 discharge. He’s pleased; after all, a discharge is “the holy grail” of chapter 7.
Section 522(f)(2) of the Bankruptcy Code allows debtors to avoid certain liens, including judicial liens, that impair debtors’ exemptions.
Retailers everywhere appear to be filing chapter 22 — even chapter 33 — bankruptcies. This results in multiple litigation questions, the most recent of which pertain to Rite Aid.
Hannah Hutman and Jeff Fraser, co-chairs of the ABI Consumer Bankruptcy Committee, thank all committee members for their participation this year.
The Ethics and Professional Compensation Committee had another successful year in 2024. Our activities continued to keep our members and the insolvency community apprised of relevant recent developments and hot topics while also offering fun and beneficial social and networking opportunities.
The primary purposes of the bankruptcy process are to maximize the payments to a debtor’s creditors and provide debtors with a fresh start.[1] At first glance, the importance of firearm ownership appears unrelated to satisfy the purposes of the bankruptc
In In re Smith, [1] the Third Circuit reminded consumer bankruptcy practitioners of the wrath of res judicata. The debtor owned an encumbered rental property with an assignment of rents to her mortgage lender.
With the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) came numerous amendments to the U.S.
Getting paid in a consumer bankruptcy practice can feel like nighttime in Westeros: dark and full of terrors. [1]
Heather Giannino and Hannah Hutman, co-chairs of ABI’s Consumer Bankruptcy Committee, thank all committee members for their participation this year.