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Displaying Journal Articles with Tags Consumer Bankruptcy

Consumer Bankruptcy Automatic Stay
Understanding the New Semi-Automatic Stay

One of the primary reasons people file for bankruptcy is to obtain a stay 1 against certain creditor actions. Prior to the enactment of BAPCPA, 2 the stay went into effect the moment the case was filed, hence the term "automatic stay," and …

LM Laura J. Margulies
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Mar
2006
Consumer Bankruptcy Practice and Procedure
Unintended Consequences BAPCPA and the New Disposable Income Test

The passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) has been the subject of most of the articles in the Consumer Corner column of this Journal for the past year. Much of the discussion has focused on …

HH Henry E. Hildebrand
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Mar
2006
Consumer Bankruptcy Plan Confirmation
Applicable Commitment Period Time or Money

Under the Bankruptcy Code prior to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), §1322(d), 1 "Contents of plan" stated: The plan may not provide for payments over a period that is longer than three years unle…

AB Alane A. Becket TL Thomas A. Lee
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Mar
2006
Consumer Bankruptcy Ethics Practice and Procedure Professional Compensation/Fees
Lightning Strikes Thrice Emerging Issues in Bankruptcy Credit Counseling

Allegations of the unauthorized practice of law, wrongfully withholding counseling certificates, failure to provide pro bono services, generally poor customer service: These are just a few of the issues that the mandatory credit counseling …

LL Leslie Linfield
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Feb
2006
Consumer Bankruptcy Legislation Practice and Procedure
Memo to Congress Fix Needed on New Best Interest Test in 1325(b)

The last time I wrote a column was shortly after the birth of my son. Since then, I’ve been delightfully occupied with the all-important task of raising Harrison, who I am happy to report is a bright, handsome and happy little guy (don’t wo…

LC Leif M. Clark
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Feb
2006
Consumer Bankruptcy Practice and Procedure
Back to Basics ECFs Benefits Should Be Approached with Caution

While we begin to digest all of the new opinions on the complicated and sometimes ambiguous provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), it may also be a good time to recall one of the more mun…

AB Alane A. Becket
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Feb
2006
Consumer Bankruptcy Fraud
Serial Bankruptcy A 20-Year Study of Utah Filers

A 1996 survey of bankruptcy professionals by the American Bankruptcy Institute 2 reported that two-thirds of the creditor representatives and nearly half of the judges viewed serial filings as a significant problem. In October 2001, the U.S…

JL Jean M. Lown
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Feb
2006
Consumer Bankruptcy Fraud Legislation Practice and Procedure
Filing Fee and Pension Premium Increases Pending as Second Session Begins

Congress had a flurry of legislative activity before leaving for the Christmas recess on Dec. 22, completing action on some legislation changing the legal landscape on bankruptcy. However, several bills affecting the bankruptcy process, inc…

AE Ann Vom Eigen
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Feb
2006
Consumer Bankruptcy Creditors' Committee Fraud
Benchnotes Feb 2006

Withdrawal of Reference Not Required after Jury Trial Refusal In In Growe Ex Rel Great Northern Paper v. Bilodard, 325 B.R. 490 (D. Maine 2005), a defendant in an adversary proceeding filed by a chapter 7 trustee seeking recovery of a prefe…

DW Deborah D. Williamson
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Feb
2006
Consumer Bankruptcy
Taxing Income in the Year of Bankruptcy under BAPCPA

With all of the attention paid to BAPCPA's 2 new means test, credit counseling requirements and attorney sanctions, few people have noticed that Congress made an important change to the rules governing the taxation of income earned in the y…

GG Gregory Germain
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Dec
2005

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