Dispositions of Marital Property Aren’t Always Beyond the Avoiding Powers A division of marital property on consent to someone other than a spouse might be a fraudulent transfer. Read more about Dispositions of Marital Property Aren’t Always Beyond the Avoiding PowersLog in to post comments
Bankruptcy Is No Get-Out-of-Jail-Free Card for a Disobedient Debtor When there has been a division of marital property, does a debtor only hold legal title to property given to the spouse? Read more about Bankruptcy Is No Get-Out-of-Jail-Free Card for a Disobedient DebtorLog in to post comments
An Unmarried ‘Partner’ Might Not Have a Homestead Exemption, Ninth Circuit Says A California exemption law protecting victims of spousal abuse doesn’t apply to those who aren’t married. Read more about An Unmarried ‘Partner’ Might Not Have a Homestead Exemption, Ninth Circuit SaysLog in to post comments
When Inherited Property Becomes Property of the Debtor’s Bankruptcy Estate Being an heir by itself doesn’t bring a decedent’s estate into the heir’s bankruptcy estate. Read more about When Inherited Property Becomes Property of the Debtor’s Bankruptcy EstateLog in to post comments
Dismissing a Divorce Action Didn’t Result in an Unauthorized, Post-Petition Transfer An inchoate interest in property created by filing a divorce action doesn’t survive dismissal of the divorce action, the Tenth Circuit BAP says. Read more about Dismissing a Divorce Action Didn’t Result in an Unauthorized, Post-Petition TransferLog in to post comments
Properly Written, a Divorce Decree Doesn’t Create a Debtor/Creditor Relationship A properly written divorce decree can create a separate property interest that won’t be part of the bankruptcy estate of a bankrupt spouse. Read more about Properly Written, a Divorce Decree Doesn’t Create a Debtor/Creditor Relationship
Debtors May Avoid Judicial Liens Under Section 522(f) Securing Nondischargeable Debts Bankruptcy Judge Alan Koschik declined to follow cases decided before Congress amended Section 522(f) to preclude avoiding judicial liens securing domestic support obligations. Read more about Debtors May Avoid Judicial Liens Under Section 522(f) Securing Nondischargeable Debts
College Tuition Made a Debtor Ineligible for Chapter 7 Chapter 7 can be inaccessible for a married debtor living in the same household with a nonfiling spouse who has substantial income. Read more about College Tuition Made a Debtor Ineligible for Chapter 7