By Cathy Moran, Esq. (Redwood City, CA) Mention tax calculations to a bankruptcy attorney and 7 out of 10 freeze on the spot. I'm not a tax attorney, they retort. That's right, but, if you are a bankruptcy attorney, that doesn't relieve you from knowing enough tax to get the means test right. Not to mention not giving up your...
Critical Case Comment – Bank of the Prairie v. Picht (In re Picht), 2010 WL 1768238 (10th Cir. BAP May 4, 2010) (Rasure)
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Bank of the Prairie v. Picht (In re Picht), 2010 WL 1768238 (10th Cir. BAP May 4, 2010) (Rasure)
A lien on an under-secured, modifiable mortgage in a “Chapter 20” case will not be released if the debtor does not receive a discharge in the Chapter 13 case.
Summary of the Case
At the time the Pichts filed a Chapter 7 petition, Bank of the Prairie had a second mortgage against the debtors’ residence in an . . .
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