Canovali-Relief from Chapter 11 Confirmation Order under Rule 60(b)Summary:
The Debtors had a two mortgage against their home, initially valued in the amount of $1,068,000.00, with Bank of America, a first with a balance of $988,000.00 and second with a balance of $368,000.00.
The Debtors proposed a Chapter 11 plan that recognized that there were two notes and Deeds of Trust, but that both such claims would be paid as a s
Summary:
The Debtor filed Chapter 13, during which Friedman’s Jewelers filed a Proof of Claim, asserting that it was secured in the amount of $300.00 and unsecured for the balance. The Debtor subsequently converted to Chapter 7, then re-converted to Chapter 13, eventually confirming a plan treating Friedman’s as secured in the amount of $300.00.
Friedman’s itself filed bankruptcy and its assets were liquidated, with the Debtor’s account being purchased by Merchant’s Acquisition Group, L.L.C. (MAG). MAG retained BRM Recovery Services to collect on this accou
The bankruptcy court held that despite the excision in BAPCPA of "substantial" from the abuse provision of 707(b)(3), that the factors laid out by the 4th Circuit in Green v. Staples, 934 F.2d 568 (4th Cir. 1991) were still good law.
The Debtor brought a Motion for Turnover of a boat used to haul construction material, that had been seized by the North Carolina Department of Revenue. The NCDOR objected on procedural grounds that an Adversary Proceeding was required.
The Bankruptcy Court rejected this, holding that the "relationship between §§363, 542(a), and 1303 gives chapter 13 debtors the right to demand turnover" since, pursuant to 11 U.S.C.
The Debtor was in an automobile accident and had not maintained liability insurance. Judgment was entered in state court for negligence, but after filing Chapter 13 the Plaintiff brought a non-dischargeability action alleging that the failure to maintain liability insurance cause a willful or malicious injury.
The Debtor argued that the failure to raise either willfulness or malice in the state court action precluded later raising them in the bankruptcy.
Relying on Brown v. Felsen, 442 U.S. 127, 135, 99 S.Ct.
In both of these cases a Chapter 13 Debtor brought an action to avoid a security interest under 11 USC § 544. The Court held that the rights and powers of a chapter 13 debtor are set out in § 1303 of the Code as follows:
1. Baldwin.PDF
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