Post-Petition Causes of Action, Inheritances and Windfalls are Property of the Estate and Must Be Reported to the Trustee – Part 4 of 6

“. . . , seeing the staff, debtor, and creditor attorneys in litigation was captivating. I was able to witness a few attorneys zealously advocate for their clients.”

In the continually evolving field of consumer bankruptcy law, a series of Supreme Court decisions shape how cases are administered nationwide. Over the coming weeks, we will highlight key decisions that every bankruptcy practitioner should recognize—both by name and by the issues they resolve. This week’s ‘memory work’ is: Mullane v. Central Hanover Bank & Trust; US v. Whiting Pools; BFP v. Resolution Trust; and Nobleman

At the center of a recent decision argued by Attorney Doling is a deceptively simple word: “solely.” Doling shares how the Ninth Circuit BAP takes that word very seriously.

“The problem in the past for student loan borrowers in bankruptcy has been that hardship discharge litigation has been complex, expensive and arbitrary. . . . The new guidance has simplified the process.”

This week Trustee Bronitsky brings subscribers an excellent checklist on conducting 341’s – yes, we know, unless you are new to consumer bankruptcy practice you’ve been doing them for years but chances are you too need this reminder!!

“ . . . , a few Bankruptcy Courts have supplemented Rule 9011 by creating new local rules or issuing standing orders specifically addressing the use of generative AI.”

This study looks at forensic “accounting as a new generation tool that has adopted modern technology to detect financial fraud.” See Attorney Boltz’ comments on the use of forensic accounting in Chapter 13 cases.