Consumer Bankruptcy

7th Circuit Jan 9, 2023

Date of a Garnishment Order Doesn’t Matter for Preferences, Seventh Circuit Says

Circuit Judge Frank Easterbrook tersely held that the Supreme Court’s Barnhill opinion overruled prior Seventh Circuit precedent.
10th Circuit Jan 18, 2023

Tenth Circuit Doesn’t Pay ‘13’ Trustee if Dismissal Precedes Confirmation

The first court of appeals to rule on a question where lower courts are split, the Tenth Circuit finds the statute unambiguous and requires a chapter 13 trustee to disgorge his or her fee if the case is dismissed before confirmation.
11th Circuit Jan 10, 2023

Dubious Eleventh Circuit Opinion Permits Collateral Attack on Final Confirmation Order

Although the chapter 13 confirmation order was concededly final and enforceable, the appeals court set aside a plan provision modifying a residential mortgage.
Supreme Court Jan 13, 2023

Supreme Court to Hear Two More Bankruptcy Cases This Term

The high court will decide whether a real estate tax foreclosure can violate the Takings Clause and whether Section 106 abrogates sovereign immunity as to Native American tribes.

Have We Led Chapter 13 Debtors Down the Garden Path with Promises of Pandemic Relief?

Have We Led Chapter 13 Debtors Down the Garden Path with Promises of Pandemic Relief? 1 By David Cox COVID-19 entered the chapter 13 consumer debtor community like a “wrecking ball.” 2 Soon after COVID-19 began spreading across the U.S., the unemployment rate jumped

2nd Circuit Jan 4, 2023

Second Circuit Limits the Significance of Homaidan on Discharge of Private Student Loans

The Fair Credit Reporting Act doesn’t require credit reporting agencies to resolve disputed facts or law about the discharge of private student loans.

Here Yesterday, Gone Today: No Authority to Confirm a Modified Chapter 13 Plan Longer than 60 Months After the Expiration of § 1329(d)

Here Yesterday, Gone Today: No Authority to Confirm a Modified Chapter 13 Plan Longer than 60 Months After the Expiration of § 1329(d) By Hon. Elizabeth L. Gunn and Don F. Mago The appearance and disappearance just over two years later of § 1329(d) of the Bankruptcy

Inside ABI January 2023

Event Roundup International Committee Hosts Cross-Border Program in New York Nearly 100 attended ABI’s Cross-Border Insolvency Program on Nov. 14, held at Blank Rome LLP’s Conference Center in Manhattan. ABI’s International Committee presented this year’s conference

ABI’s CPEX Conference: How a Crazy Idea Came to Life

ABI’s CPEX Conference: How a Crazy Idea Came to Life By David P. Leibowitz In the spring of 2021, we were isolated and in the throes of the COVID-19 pandemic. Courts were closed. Professional meetings were impossible. Bankruptcy in general and consumer bankruptcy in

Legislative Highlights January 2023

FTX Collapse Draws Indictment of Fraud Against Former CEO by U.S. Prosecutors, Ire of Congress A federal grand jury in Manhattan returned an indictment on Dec. 13 charging FTX founder and former CEO Samuel Bankman-Fried with conspiracy to commit wire fraud, wire fraud