By Lawrence R. Ahern, III, Brown & Ahern (Nashville, TN) Introduction Four bankruptcy-related bills were enacted during the 116th Congress and signed into law on August 23, 2019.1 The legislation affected both business and consumer cases. One bill, the Small Business Reorganization Act of 2019 (SBRA),2 deals on its face with a non-consumer topic. However, it will be of great...
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By Henry E. Hildebrand, III, Chapter 13 Trustee, Nashville, TN
In re Howard, 507 B.R. 394 (Bankr. N.D. Ga. March 14, 2014) (Sacca) - Where the grace period to redeem pawned property expired prior to the filing of the Chapter 13 petition, the property was not property of the estate and the debtor could not treat this claim as a secured claim.
Case Summary
Ms. Howard had pawned two automobiles with USA Title. She had signed a pawn contract for a 2006 Suzuki in exchange for $1,856.18 and signed a second pawn contract . . .
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