Consumer Bankruptcy | ABI

Rifle Held Exempt as Household Goods in Georgia but Not in Connecticut

Claiming a firearm is owned for defense of the household raises the odds that the gun will be exempt as household goods.

Court :

Medical Bills Are Held to Be Consumer Debts, Invoking the Means Test

Someone forced into bankruptcy on account of medical bills will also be forced into chapter 13.

Court :

Illinois Central District

Benchnotes January 2020

Bankruptcy Code

11 U.S.C. § 105

11 U.S.C. § 362

11 U.S.C. § 548

Topic Tags

Alternative Dispute Resolution

Bankruptcy Litigation

Fraudulent Transfers

Professional Compensation/Fees

Consumer Bankruptcy

Discharge/Dischargeability

Business Reorganization

Commercial Fraud

Student Loans Discharged in Part, Even Though Debtor Wasn’t Destitute

A bankruptcy judge can afford little relief from student loans, even for sympathetic debtors who try hard to repay their debts.

Court :

Supreme Court Grapples with ‘Finality’ in Ritzen v. Jackson Masonry

Justices may narrow Bullard by drawing back from the requirement that finality requires a change in the status quo.

Court :

The Benefits of Pre-Petition Credit Counseling Outweigh the Costs

Bankruptcy Code

Topic Tags

Consumer Bankruptcy

Pre-Petition Credit Counseling: Re-Evaluation and Standardization Needed

Bankruptcy Code

Topic Tags

Consumer Bankruptcy

First Circuit Starkly Holds that Tuition for an Adult Child Is a Fraudulent Transfer

The case in the appeals court apparently did not involve a student account structured to prevent the college from being the initial recipient of a fraudulent transfer.

Court :

How Often Do Debtors Seek to Reaffirm Auto Loans? A Report Based on Consumer Bankruptcy Project Data

Bankruptcy Code

Topic Tags

Consumer Bankruptcy

Safe Driving Through Chapter 7: A Road Map for the Retention of Leased Vehicles

Bankruptcy Code

11 U.S.C. § 362

11 U.S.C. § 365

Topic Tags

Consumer Bankruptcy

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