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By Ed Boltz, 2 August, 2019

N.C. Ct. of Appeals: Deutsche Bank v. Ferguson- Illegally Recorded Satisfaction of Lien not Valid as to Innocent Bona Fide Purchaser

Summary:

By Ed Boltz, 2 August, 2019

Oldest Bankruptcy Discharge?

A drawing of the cuneiform transcription of a debt cancellation (amargi law) by Enmetena , ruler of the Sumerian city-state of Lagash, c. 2400 BC, basically the first known bankruptcy discharge. (Original in the Louvre.) By Lynn Yost.

By Ed Boltz, 25 July, 2019

Benefits for Surviving Spouse of Lighthouse Service Employees

Just stumbled on this while looking into the HAVEN Act  which is likely to pass both the House and Senate and would exclude Veterans disability from the Means Test just like Social Security, as there are other retirement benefits that mirror those and are protected from creditors outside of bankruptcy.

By Ed Boltz, 21 July, 2019

Economics Review: Auclert, Adrien and Dobbie, Will and Goldsmith-Pinkham, Paul S., Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession

Abstract:

By Ed Boltz, 21 July, 2019

M.D.N.C.: Carolina Farm Credit v. Shore- Finality of Order Regarding Attorneys’ Fees

Summary:

By Ed Boltz, 21 July, 2019

Bankr. E.D.N.C.: In re Collins- No Informal Assumption of Lease

Summary:

By Ed Boltz, 21 July, 2019

Bankr. E.D.N.C.: Thomas v. Thomas- Indemnification and § 523(a)(15)

Summary:

By Ed Boltz, 21 July, 2019

Bankr. E.D.N.C.: In re Parker- Pre-Petition Interest not Unconscionable

Summary:

By Ed Boltz, 21 July, 2019

W.D.N.C.: Miller v. Tate- Dismissal of Appeal for Failure to Designate Record

Summary:

Chris Miller, appearing pro se, appealed a ruling from the bankruptcy court but failed to file a designation of items from the bankruptcy docket for inclusion on the appellate record. After explicitly providing Mr. Miller 30 additional days to file the designation the court held that before dismissing an appeal pursuant to Rule 8003(a)(2), least one of the following steps must be taken:

By Ed Boltz, 16 July, 2019

Law Review: Bruce, Kara-Bankruptcy Law Letter- Recent Developments in Educational Benefit Discharge Litigation

Summary:

The first section of this Bankruptcy Law Letter examines the questions surrounding the undefined term “educational benefit” in 11 U.S.C. §523(a)(8)(A)(ii), which makes private student loans, which do not meet the IRS definition of being a “qualified educational loan”, nondischargeable. These private loans can include bar review courses, loans for attendance at unacredited schools, loans for school or test preparation and ad hoc borrowing for that somehow relates to education.

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Mountain View The purpose of the NC Bankruptcy Expert blog is to provide legal professionals with a consolidated resource for updates and case summaries about issues and decisions affecting bankruptcy, foreclosures, mortgages, and debt collection.

 
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