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Consumer Bankruptcy

Another District Judge Rules that Tax Foreclosures Can Be Fraudulent Transfers

The circuits are split on whether the Supreme Court’s BFP opinion can be extended to bar fraudulent transfer attacks on in rem real estate tax foreclosures.

2nd Circuit
New York
New York Western District
Friday, November 12, 2021
Article Tags
Consumer Bankruptcy
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Friday, November 12, 2021
Article Tags
Fraud
Consumer Bankruptcy
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Wednesday, November 10, 2021
Article Tags
Consumer Bankruptcy
Business Reorganization
Covid19
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Judge Barnes Tells Gamblers What Records to Keep to Win a Discharge in Bankruptcy

The suggestion that the debtor never won undercut the poker player’s testimony about uncorroborated gambling losses.

7th Circuit
Illinois
Illinois Northern District

Sometimes, a Judgment Lien from Foreclosure Can Be Avoided as Homestead Impairment

A deficiency judgment arising from foreclosure of another parcel of real estate can be avoided as an impairment of a debtor’s homestead exemption.

11th Circuit
Florida
Florida Middle District

State Probate Law Determines What Is or Isn’t Estate Property

Unlike other states, creditors can attach 25% of a judgment debtor’s interest in a spendthrift trust in California.

9th Circuit
Wednesday, November 3, 2021
Article Tags
Court Administration
Consumer Bankruptcy
Covid19
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Debtors May Wind Up Operations in Chapter 12 and Farm Through LLCs

Judge Somers wrote two opinions on debtors’ eligibility to reorganize in chapter 12.

10th Circuit
Kansas

Inside ABI November 2021

Nov 2021

Topic Tags
Consumer Bankruptcy
Business Reorganization
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