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Home
November 18, 2024
Judge Thorne Describes the Quantum of Evidence Needed to Show a Plan Is Fair and Equitable
Although a ‘true-up’ cannot be imposed, a debtor could employ a ‘true-up’ to confirm an otherwise nonconfirmable plan.
7th Circuit
,
Illinois
,
Illinois Northern District
August 09, 2024
Nondischargeability Is a ‘Thing’ for Corporate Subchapter V Debtors, Judge Thorne Says
The tide is turning against corporate Sub V debtors. Two bankruptcy judges now side with two circuits in holding that debts of corporate debtors can be nondischargeable.
7th Circuit
,
Illinois
,
Illinois Northern District
October 06, 2022
Property Held in a Joint Tenancy Leaves the Estate on the Debtor’s Death
If a debtor owns property as a joint tenant with right of survivorship, the trustee has nothing to sell if the debtor dies.
7th Circuit
,
Illinois
,
Illinois Northern District
August 17, 2018
Chicago Must Return Impounded Cars Immediately After a Chapter 13 Filing
Judge Thorne rules that exceptions to the automatic stay do not allow the City of Chicago to retain possession of impounded cars.
7th Circuit
,
Illinois
,
Illinois Northern District
May 23, 2018
Parties to a Civil Union Held Eligible to File a Joint Petition
Chicago judge takes stand for the equality of same-sex couples.
7th Circuit
,
Illinois
,
Illinois Northern District
November 29, 2017
Courts Split on Whether Claims for Overpayments of DSOs Are Themselves DSOs
Status of claims for overpayment of domestic support obligations begs for appellate review.
7th Circuit
,
Illinois
,
Illinois Northern District
September 15, 2017
Reperfecting a Mortgage Isn’t Grounds for a Fraudulent Transfer
Mistakenly cancelling a mortgage can result in a preference but not a fraudulent transfer if the cancellation is later rescinded.
7th Circuit
,
Illinois
,
Illinois Northern District