December 22, 2017
Chicago Believes that Inaction Doesn’t Violate the Automatic Stay
Windy City plunges into the circuit split on inaction as a violation of the automatic stay.
7th Circuit, Illinois, Illinois Northern DistrictDecember 11, 2017
Inventory Liens Always Prevail over Reclamation Claims, Indianapolis Judge Says
BAPCPA amendments were a mess but cleaned up one issue on reclamation, according to Judge Graham.
7th Circuit, Indiana, Indiana Southern DistrictDecember 07, 2017
Chicago Strikes Out on Priority Status for Post-Petition Parking Fines
Clever drafting of chapter 13 plans prevents collection of post-petition parking fines.
7th Circuit, Illinois, Illinois Northern DistrictNovember 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 DistrictNovember 28, 2017
The Unlimited Wedding Ring Exemption Has Some Limits, Illinois Judge Says
Opinion traces the thousand-year history of wedding and engagement rings.
7th Circuit, Illinois, Illinois Northern DistrictNovember 06, 2017
Debtor Can’t Reaffirm an Auto Loan by Waiving Discharge of the Debt
Chief Judge Gorman requires strict adherence to Section 524(c) in reaffirming a debt.
7th Circuit, Illinois, Illinois Central DistrictOctober 30, 2017
Notre Dame Football Tickets Are Not Exempt Property, South Bend Judge Holds
Notre Dame football tickets are not necessary for a fresh start.
7th Circuit, Indiana, Indiana Northern DistrictSeptember 27, 2017
Seventh Circuit Opines on Method for Calculating ‘New Value’ Defense
Average daily sales suffice to show the date when new value was advanced.
7th CircuitSeptember 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Mistakenly cancelling a mortgage can result in a preference but not a fraudulent transfer if the cancellation is later rescinded.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 DistrictAugust 15, 2017
Existence of a Committee Precludes Tolling the Statute for Adverse Domination
The statute is tolled only if the creditors’ committee is denied standing to sue.
7th Circuit