Be It Ever So Humble Theres No Place Like Home
In this article, we report on home ownership among no-asset chapter 7 debtors. The report is based on 5,832 non-business chapter 7 cases that were closed between 1999 and 2001. 3 We classified each debtor as an owner or a non-owner based on information in Schedules A, C
Good Faith in Chapter 13Going Once Going Twice
The "good faith" of a chapter 13 debtor will now be subject to examination at two different instances in the confirmation process. 11 U.S.C. §1325 (a)(3) requires that the court find that "the plan has been proposed in good faith and not by any means forbidden by law."