Section 305 Is Grounds for a Debtor to Dismiss a Voluntary Chapter 7 Case
If the chapter 7 debtor has paid the filing fee and is current on filings, Section 707(a) isn’t grounds for voluntary dismissal.
Automatic Dismissal of a Chapter 13 Case Under Section 521(i)(1) Can’t Be Vacated
Because dismissal under Section 521(i)(1) is automatic and does not result from an order, there’s no rule to vacate dismissal for excusable neglect.
Proceeds from Sales of Cryptocurrencies Held to Be ‘Income’ for CMI Analysis
North Carolina’s Judge McAfee distinguishes between sales of personal assets and sales of investment assets in deciding whether proceeds are derived from ‘income’ and must be included in the current monthly income analysis.
Even Expecting Profit on the Investment, a Home Mortgage Is Still Consumer Debt
Having 51% consumer debt doesn’t necessarily mean that the debtor has ‘primarily’ consumer debt.
The New Value Corollary to the Absolute-Priority Rule Codified for Individuals in Chapter 11
The New Value Corollary to the Absolute-Priority Rule Codified for Individuals in Chapter 11 By Donald L. Swanson The absolute-priority rule has always prevented individuals from reorganizing under chapter 11. The absolute-priority rule is a chapter 11 plan-confirmation