Bifurcated Fee Arrangements Barred in Western District of Kentucky
Curiously, bifurcated fee arrangements are sometimes permitted in the Eastern District of Kentucky.
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Student Loans Were Discharged Only with Assistance from Pro Bono Counsel
A debtor with negative disposable income was forced to go through two trials and three appeals to discharge student loans.
Bankruptcy Code
Third Quarter 2021 Total Bankruptcy Filings Decrease 26 Percent from 2020; Commercial Chapter 11 Filings Decrease 47 Percent
Total U.S. bankruptcy filings decreased 26 percent during the first nine months of the year, as the 312,497 filings dropped from the 420,060 filings in 2020, according to data provided by Epiq. The 295,186 total noncommercial filings through the first three quarters of 2021 represented a 25 percent decrease from the noncommercial filing total of 394,624 through the first three quarters of 2020. Commercial bankruptcy filings during the first nine months of the year dipped 32 percent to 17,311 from the 25,436 filings during the same period in 2020. Commercial chapter 11 filings decreased 47 percent during the first nine months of 2021 (Jan. 1-Sept. 30) from the same period a year ago, as the 2,924 filings declined from the 5,531 filings in 2020.
