Ask Ms. Ps & Qs

By Professor Nancy Rapoport

Dear Readers:

I’m so excited—two of you1 wrote in with questions!

Dear Ms. Ps and Qs: The 4th Circuit Court of Appeals ruled recently, in Covert v. LVNV Funding [779 F.3d 242 (4th Cir. 2015)], that confirmation of a Chapter 13 plan resolves all disputes over claims. If the debtor has a cause of action against the creditor for anything and fails to specifically preserve it in some way or act upon it before the plan gets confirmed, he or she is barred by . . .

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