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Home
February 25, 2025
In Stalking Horse Sales, Courts Have Flexibility to Reopen Bidding After the Deadline
The debtor’s duty to land the best price for an asset can overcome the winning bidder’s expectation that sale procedures will be enforced rigorously.
6th Circuit
,
Ohio
,
Ohio Northern District
September 07, 2022
Homestead Proceeds May Be Exempt Under State Law but Not Under Section 522(d)(1)
Affirming the bankruptcy court, the Sixth Circuit BAP won’t exempt proceeds from the prepetition sale of a home, even though the proceeds were identifiable and in escrow.
6th Circuit
March 07, 2022
Fraudulent Transfers to Revocable Trusts May or May Not Zap Homestead Exemptions
In Ohio, the debtor won’t lose the homestead exemption by transferring a home to a revocable trust.
6th Circuit
,
Ohio
,
Ohio Northern District