From the Editor - Property of Estate and Exemptions • NACTT Academy

From the Editor – Property of Estate and Exemptions

By The Honorable William Houston Brown (Retired)

Property of Chapter 7 estate included pre-conversion settlement. After conversion to Chapter 7, debtors sued their bankruptcy attorney, who represented them in Chapter 11, and the Chapter 7 trustee intervened to assert that the proceeds would be property of the Chapter 7 estate. The malpractice claim was settled, with proceeds deposited into the court registry. The Fifth Circuit said that the outcome was dependent on timing under § 1115(a)(1). Under the 2005 amendment to that section, property of the estate includes property that the individual Chapter 11 . . .

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From the Editor – Claims

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Critical Case Comment – No Approval No Pay

Henry E. Hildebrand, III

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M. Jonathan Hayes

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The Academy

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Angela M. Scolforo was appointed as the Chapter 13 Standing Trustee for the Western District of Virginia on April Fool’s Day. She replaced Herbert L. Beskin who served as the Trustee for 20 years, retiring in March of this year. Angela received a B.A. in English from College of the Holy Cross in Worchester, Massachusetts, in1987. She did not immediately go...

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