The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
From the Editor’s Desk – Surrender
Print This Article
Link to Post:
By The Honorable William Houston Brown (Retired)
Surrender of secured property does not divest ownership, but a plan may propose to vest property in another entity. Under § 1325(a)(5)(C), a plan proposal to surrender property securing a claim establishes that the debtor will not oppose the creditor taking action to transfer title to the property, but the surrender itself does not divest the debtor of ownership or obligations related to the property. Section 1322(b)(9)’s provision that a plan may provide for vesting in the debtor or another does not require the . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
What’s It Worth to You?
I Win. I Win. Trustee Holds Record for Having the Oldest Open Chapter 13 Case
Critical Case Comment – 3002.1 and Reverse Mortgages
Chapter 13 Saves the World!
Bankruptcy Courts Grapple with the “COVID-19 Discharge” – Appendix B
Can Good Facts Also Make Bad Law? Finality of Orders in Bankruptcy Revisited after Ritzen Group
Done with Taxes This Year? Use 2018 Return to Get 2019 Withholding Right
Trustee May Use Any Law Available to Avoid a Transfer
Meet a New Trustee
Comparison of Annual Change in Chapter 13 Case Filings During the Beginnings of the 2008 and the 2020 Recessions