By Lawrence R. Ahern, III, Brown & Ahern (Nashville, TN) Introduction As of April 16, 2020, more than 22,000,000 people in the United States were reported to have filed for unemployment aid, "a staggering loss of jobs that has wiped out a decade of employment gains and pushed families to line up at food banks as they await government help."1...
From the Editor – Postpetition Debt
Print This Article
Link to Post:
By The Honorable William Houston Brown (Retired)
Debtor not engaged in business nor self-employed were not required to obtain court’s permission to incur postpetition debt. The court found nothing in the Bankruptcy Code requiring a court’s authorization for a Chapter 13 debtor who is not engaged in business to incur postpetition debt or obtain credit. The Code only requires such authorization for debtors governed by § 1304. The debtors did not need court authorization to incur debt for the purchase of a vehicle to replace one destroyed in wreck. In re Fields
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
No Answers?
2022 Bankruptcy Procedure Year in Review: Revised Statute and Rules and Selected Cases Part 10 Once Again: The Supreme Court Hands Down a Procedure Rule in Dupree v. Younger
Diaz: Is it Really a Tax Refund?
Is an Unemployment Compensation Payment Exempt?
Absolute Right to Dismiss? Sixth Circuit Says “Yes”
Rules, Means-Test Amounts and Miscellaneous Fees: Changes Wrap Up 2020
The Hanging Paragraph – Hanging on Every Word Part 1 of 4
Who Files the Tax Returns Under SBRA
Finding Your Village: An Introductory Guide to Bringing Fair Credit Reporting Act Claims for Clients Post-Bankruptcy
Paying the Car Loan Directly vs. Through the Plan: Till Debt Us do Part?