In this case, the court dismissed debtor’s Chapter 7 bankruptcy after discovering that only 76% of the debts scheduled were “consumer debts” and that the debtor had sufficient income to support a Chapter 13 repayment plan. The Bankruptcy Code permits dismissal of a case if the debtor has committed “substantial abuse”, however, the Code does […]
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Recently Posted Articles written by: Charels R. Harroun, Attorney at Law
- Temporary Freeze on Member Deposits
- Reopening Bankruptcy Case Denied
- Attorney Fees Assesses Against Bankrupt Debtor
- Holder in Due Course – Checks
- Automatic Stay Violation: Costs Assessed Against Credit Union
- Credit Union Lien Survives Chapter 7 Discharge
- Mechanics Lien Extinguished Credit Union Security Interest
- Fatally Defective Mortgage Acceleration Notice
- Defective Notary: Mortgage Void
- Debtor’s Irresponsible Debts Discharged
- Discharged Loan Re-Written Is Unenforceable
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