By Jan M. Sensenich, Chapter 13 Standing Trustee for the District of Vermont As we reach the end of the first month of the partial government shutdown, with no end in sight, 800,000 federal workers have started missing their paychecks. As the shutdown continues, Chapter 13 trustees are weighing how best to address the inevitable question from federal government employee...
Hatfield v. Thompson – Why Debtors (and Their Counsel) Should be Very Afraid of Husky
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By Academy Staff
On May 16, 2016, the United States Supreme Court issued its decision in Husky International Electronics, Inc. v. Ritz.1 The Supreme Court concluded that § 523(a)(2)(A)’s “actual fraud” standard did not require the debt Plaintiff sought to except from discharge itself resulted from or was based on fraud. Instead, it is sufficient for purposes of § 523(a)(2)(A) that the debtor seeking to discharge the debt perpetrated some fraud that perhaps reduced the creditor’s ability to collect on its judgment. In . . .
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