By Henry E. Hildebrand, III, Chapter 13 Standing Trustee (Nashville, TN) A prior servicer of a mortgage claim subsequently transferred to another servicer could be held liable if the transferor servicer provided inadequate or incorrect information to the transferee. (Aron) In re Bivens vs. NewRez LLC (In re Bivens), 625 B.R. 843 (Bankr. M.D. N.C., March 25, 2021) Case Summary...
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Drummond v. Welsh (In re Welsh), 2013 WL 1192961 (9th Cir., Mar. 25, 2013) (Ripple)
A bankruptcy court is precluded from considering whether a chapter 13 debtor has “accounted for” Social Security income in determining whether a plan is proposed in good faith; a chapter 13 debtor’s proposal to retain and pay secured debt upon luxury items does not establish a lack of good faith.
Case Summary
Mr. and Mrs. Welsh were above-median income debtors with unsecured claims totaling approximately $180,500. Although Mrs. Welsh was employed as a nurse, Mr. Welsh was retired and received a pension . . .
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