By Henry E. Hildebrand, III, Chapter 13 Trustee for the Middle District of Tennessee (Nashville) Section 506(d) does not allow the voiding of a lien when the underlying claim, filed by the debtor, has been disallowed; when notice is provided to a corporation it must be addressed to the individual who holds the office of an officer, manager, or general...
Deadline for Filing Proof of Claim in Chapter 13 Case Applies to All Claims, Including the Claims of Secured Creditors
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By Jeff Narmore, Attorney Representing Standing Trustee O. Byron Meredith (Savannah, GA)
In an unusual Chapter 13 case, the Seventh Circuit Court of Appeals ruled that secured creditors are bound by the 90-day deadline for filing proofs of claim set forth in Bankruptcy Rule 3002(c). In re Pajian, 785 F.3d 1161 (7th Cir. May 11, 2015).
In what the Seventh Circuit described as “a hiccup,” secured creditor Lisle Savings Bank (the Bank) missed the proof of claim deadline by several months. The secured claim in Pajian was not a garden variety . . .
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