Recently, I had the pleasure of a great conversation with Chapter 13 Trustee, Thomas McDonald, from the EDMI. As it turns out, we have both been pilots for a long time. Once we came to this realization, our conversation quickly devolved from the issues confronting the bankruptcy industry to talk of density altitude, mountain flying, and the importance of using...
When Things Don’t Go According to the Plan
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The ACP: Applicable or Immutable?
By Mark C. Leffler1
click here for part 2, click here for part 3
As the saying goes, the one constant is change. Certainly, that is true in a Chapter 13 practice. An integral, everyday part of life for debtors’ attorneys and trustees alike is plan modification by debtors whose financial circumstances have changed. In re Runnels, 530 B.R. 626 (Bankr.W.D.N.C. 2015), presents a fairly normal circumstance . . .
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