From the Editor’s Desk - Conversion and Dismissal • NACTT Academy

From the Editor’s Desk – Conversion and Dismissal

By The Honorable William Houston Brown (Retired)

Case properly dismissed on eve of 60th month for failure to pay confirmed percentage to unsecured. Although the debtors had made the monthly plan payments for almost all of the 60-month applicable commitment period, they had not paid the 48% dividend to unsecured creditors that was provided for in their confirmed plan, and the Bankruptcy Appellate Panel held, under the facts and circumstances of the case, a confirmed case may be dismissed for failure to pay both the required plan payments and the confirmed percentage dividend. During the . . .

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Chapman v. Forsyth & Limerick, 43 U.S. 202 (1844)

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When a person sells goods for the account of the owner and thereafter does not pay the owner, is the debt discharged under the bankruptcy law at the time? Yep.

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The Academy

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