The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
Critical Case Comment
Print This Article
Link to Post:
By Kevin R. Anderson, Chapter 13 Trustee for the District of Utah
In re Cannella, No. 14-21398, 2015 WL 1208679 (Bankr. D. Kan., Aug. 12, 2014) (Berger). In performing the hypothetical liquidation analysis of 11 U.S.C. § 1325(a)(4), Chapter 13 attorney’s fees are deducted as a priority claim before estimating the return to non-priority unsecured creditors.
Factual Summary
On the petition date, the Debtors held $3,010 in cash, but their plan proposed a $0.00 return to unsecured creditors. The Trustee objected to confirmation under the best-interests-of . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
Meet the Newest Trustee
What’s It Worth to You?
Post-Petition Causes of Action, Inheritances and Windfalls Are Property of the Estate and Must Be Reported to the Trustee – Part 1 of 5
New Payment Option Available to Taxpayers in Private Debt Collection Program
Cyber Security – You Are The Weakest Link
Unredeemed Pawned Property and Chapter 13 Plan Confirmation: Must a Pawnbroker Object?
In the Trenches: Secrets to Settlement – Competency in the Courtroom Part 2 of 3
Critical Case Comment – Fourth Circuit Says Easy-Peasy
Why Creditors Should Get Less in Chapter 13
Mary Ida Townson Appointed U.S. Trustee for Florida, Georgia, Puerto Rico and the U.S. Virgin Islands