Judge Faris Explains Why a Hypothetical Chapter 7 Sale Isn’t Necessarily ‘FMV’
A chapter 7 trustee’s obligation to sell can mean that chapter 7 prices don’t fit the ordinary definition of fair market value.
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Chapter 13 Plan that Cures Arrears Pays Interest on Unpaid Principal, Judge Faris Says
Interest, if any, due on arrears cured under a plan derives from the loan documents and state law.
Repaying an Avoided Transfer Doesn’t Always Result in an Allowed Claim
Repaying a fraudulent transfer won’t elevate a disallowed claim to allowed status.
Judge Name - Do not use it.
Derrick K. Watson