1182 | ABI

Student Loans for a Professional Degree Weren’t Business Debts to Qualify for Sub V

The Ninth Circuit didn’t completely close the door to a finding in another case that student loans for a professional degree could be business debts making the debtor eligible for Subchapter V of chapter 11.

Court :

Trustees Come in All Shapes and Sizes

Bankruptcy Code

Topics

Court Administration

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Subchapter V Issues

Bankruptcy Code

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Consumer Bankruptcy

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Converting from Chapter 7 to Sub V to Liquidate Is Ok, Judge Cleary Says

A corporate debtor with no income and no operating business could convert an involuntary chapter 7 case to Subchapter V of chapter 11.

Court :

Illinois Northern District

The $7.5 Million Subchapter Debt Limit Should Be Reinstated

Bankruptcy Code

Topic Tags

Practice and Procedure

Business Reorganization

Benchnotes January 2025

Bankruptcy Code

11 U.S.C. § 362

Part VII. Adversary Proceedings›7004

Topic Tags

Bankruptcy Litigation

Executory Contracts/Leases

Plan Confirmation

Practice and Procedure

Consumer Bankruptcy

Concerns About Being Left Holding the Bag: Addressing Payment of Subchapter V Trustee Fees

Bankruptcy Code

Topic Tags

Practice and Procedure

Professional Compensation/Fees

Judicial Round-and-Round

Bankruptcy Code

Topics

Consumer Bankruptcy

Business Reorganization

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Case Law Updates

Bankruptcy Code

Topics

Bankruptcy Litigation

Consumer Bankruptcy

Business Reorganization

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Subchapter V’s Debt Cap: What Happens Now?

Bankruptcy Code

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