From the Editor’s Desk - Confirmation • NACTT Academy

From the Editor’s Desk – Confirmation

By The Honorable William Houston Brown (Retired)

Lack of good faith denial of confirmation. The debtor’s prepetition law firm, which represented debtor in divorce, objected to confirmation for lack of good faith, when the plan proposed 10% payment on the firm’s $96,000 legal fees. The debtor had converted $75,000 of non-exempt cash into her homestead exemption while the former divorce counsel was seeking judgment against her for fees. The $75,000 cash resulted from a settlement that her counsel had negotiated before the debtor fired the firm. Her choice of buying . . .

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