Spending every dollar they make, and then some, is often how our Chapter 13 clients got into financial trouble. Yet Chapter 13, as practiced, validates the practice of continuing to spend 100% of each month’s income during the life of the plan. In doing so, we, as a society, squander the chance to use Chapter 13 to teach new budgeting...
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By Henry E. Hildebrand, III, Chapter 13 Standing Trustee for the Middle District of Tennessee (Nashville)
Broadrick v. LVNV Funding LLC (In re Broadrick) 532 B.R. 60 (Bankr. M.D. Tenn. June 19, 2015) (Mashburn): While filing of a proof of claim in a Chapter 13 case is not automatically a violation of the Fair Debt Collection Practices Act when the underlying debt cannot be collected because of an applicable statute of limitations, filing such a “stale” proof of claim is not necessarily protected from the FDCPA merely because it arises in a bankruptcy.
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