Being an heir by itself doesn’t bring a decedent’s estate into the heir’s bankruptcy estate.
An inchoate interest in property created by filing a divorce action doesn’t survive dismissal of the divorce action, the Tenth Circuit BAP says.
A properly written divorce decree can create a separate property interest that won’t be part of the bankruptcy estate of a bankrupt spouse.
Bankruptcy Judge Alan Koschik declined to follow cases decided before Congress amended Section 522(f) to preclude avoiding judicial liens securing domestic support obligations.
Chapter 7 can be inaccessible for a married debtor living in the same household with a nonfiling spouse who has substantial income.
The bankruptcy court can divide marital property, but just because it can doesn’t mean it should, Judge Thuma says.
Aug 2023
June 2023