At my firm, we see a lot of consumers who have some combination of high debt and low income. Many of them arrive for their consultations after having been abused by debt collectors and predatory lenders, harmed by mortgage servicing errors, or subjected to inaccurate and derogatory credit reporting. Until fairly recently, after filing bankruptcies for these folks, we usually...
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By Henry E. Hildebrand, III, Chapter 13 Trustee, Nashville, TN
Undistributed funds held by a Chapter 13 trustee at the time a debtor converts to a Chapter 7 should thereafter be distributed to creditors in accordance with the plan in place at the time the funds were received.
Viegelahn v. Harris, 2014 WL 3057095 (In re Harris) (5th Cir. July 7, 2014) (Graves)
Case Summary
In February of 2010, Charles Harris filed a petition under Chapter 13. He was seeking to cure a default on his home mortgage as well as pay a small . . .
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