Consumer Bankruptcy

7th Circuit Feb 4, 2016

Rare Bible Worth $10,000 Is an Exempt Asset, Seventh Circuit Holds

Seventh Circuit won’t impose limits on exemption for religious articles.
9th Circuit Jan 28, 2016

Congress Did Not Abrogate Absolute Priority for Individuals, Five Circuits Now Hold

Sloppy drafting in BAPCPA puts individuals at the mercy of dominant creditors in chapter 11.
1st Circuit Jan 20, 2016

Massachusetts Homestead Exemption Focuses on Use, Not Intention

First Circuit BAP goes easy on a consumer debtor’s homestead.
8th Circuit Jan 26, 2016

Eighth Circuit Requires Debtors to Disclose Suits Arising after Filing

Disclosing a lawsuit after chapter 13 discharge is too late to avoid judicial estoppel.