Child Tax Credits: Are They Fully or Partially Exempt Under State Law?
Quick Take
Tenth Circuit will be deciding whether an entire child tax credit is exempt or only a pro rata portion.
Trustees’ Commissions Are Based on Distributions Made to Co-Owners of Property Sold
Quick Take
Bankruptcy courts are divided on whether the calculation of a trustee’s commissions includes distributions made to co-owners of property that the trustee has sold.
Two Courts Rule on Chapter 7 Debtors’ Standing for Objections to Sales and Claims
Quick Take
Virginia’s Judge Keith Phillips sides with courts that bar lenders from cutting deals with trustees to eliminate debtors’ homestead exemptions.