The CARES Act, Public Law 116-136 had amended several parts of the Bankruptcy Code, but included sunset provisions terminating March 27, 2021. The COVID-19 Bankruptcy Relief Extension Act of 2021, H.R.1651, passed by the House and Senate and signed by the President on March 27, 2021, extended some provisions for another year. Section 1113 of the CARES Act had amended...
Critical Case Comment – Shafer v. Heartsprings, Inc., 415 B.R. 705 (W.D. Wis. August 24, 2009) (Crabb)
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Shafer v. Heartsprings, Inc., 415 B.R. 705 (W.D. Wis. August 24, 2009) (Crabb)
Where Chapter 13 debtors propose a plan which seeks to minimize the payments they would make, reflecting an effort to extinguish debt, the plan is not proposed in good faith, even though the debtors were paying all of their calculated monthly disposable income.
Summary of the Case
The debtors filed their third Chapter 13 petition after voluntarily dismissing their first case and . . .
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