Reversing Itself, Fifth Circuit Panel Reinstates Finality to Exemptions in Chapter 7
After rehearing, the Fifth Circuit rediscovers the snapshot rule by giving finality to exemptions in chapter 7.
Rehearing Petition Attacks Fifth Circuit Opinions Stripping Exemptions of their Finality
Petition characterizes Fifth Circuit as standing alone by rejecting the ‘snapshot rule' for exemptions.
IRA Sold After Filing Loses Its Exemption in Chapter 7, Not Just Chapter 13
Fifth Circuit rule effectively precludes selling exempt property until the case is closed, if not later.
Trustee Can’t Evict Debtors in Advance of Selling Their Home, Sixth Circuit Rules
Debtors have standing for a motion compelling a trustee to abandon.
A Debt Purchaser Is Not a ‘Debt Collector’ Regulated by the FDCPA, Supreme Court Holds
Justice Gorsuch’s maiden opinion is a unanimous decision favoring debt purchasers.
Retention of Jurisdiction by Itself Does Not Confer Subject Matter Jurisdiction, Circuit Holds
First Circuit narrowly interprets ‘arising in’ jurisdiction.