BULLETIN SMALL BUSINESS REORGANIZATION ACT POSTSCRIPT CARES Act Passed by Senate Increases Eligibility to Small Business Debtors with Aggregate Debts Up to $7,500,000 And Other Changes Early last Thursday morning, the Senate passed a substitute for H.R. 748, called the “Coronavirus Aid, Relief, and Economic Security Act” (the “CARES Act”). The bill passed the House on Friday, and the President...
From the Editor – Avoidance Actions
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By The Honorable William Houston Brown (Retired)
Chapter 13 debtor had standing for avoidance of attorney’s lien on homestead. Applying § 522(h), the debtor had standing to use § 545(2) to avoid an attorney’s statutory lien against the homestead property. The attorney had represented the debtor in prebankruptcy divorce, and no objection had been filed to an exemption claim on the homestead under § 522(d)(1). Section 522(h) includes potential use of § 545, when the lien transfer was not voluntary and the trustee did not attempt avoidance. McCarthy v. Brevik Law (In . . .
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