By Chris Hawkins, Bradley Arant Boult Cummings LLP (Birmingham, AL) The Consumer Financial Protection Bureau (CFPB) published its debt collection final rule in the Federal Register on November 30, 2020, revamping the Fair Debt Collection Practices Act (FDCPA) for the first time since its enactment in 1977. Despite written comments submitted by several industry groups requesting clarity in areas where...
From the Editor – Property of Estate and Exemptions
Print This Article
Link to Post:
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 . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
From the IRS – Using Strong Password Is a Strong Defense Against Identity Thieves
Post-Petition Causes of Action, Inheritances and Windfalls Are Property of the Estate and Must Be Reported to the Trustee – Part 4 of 5
From the Editor
Courts Continue to Fill in the Gaps on the Interplay of Bankruptcy and the FDCPA
Assessing the Ailing Business Post Pandemic
Here’s What Taxpayers Should Know About Making 2019 Estimated Tax Payments
Critical Case Comment – Don’t File a Individual Chapter 13 If the Assets Are Owned by an LLC; It Will Cost You – BIG
These Summer Activities Can Affect Next Year’s Tax Returns
Are Monthly Newsletters to Clients Beneficial? Heck Yeah!
Bankrupt Attorney Cannot Discharge State Court Sanctions