At my firm, we see a lot of consumers who have some combination of high debt and low income. Many of them arrive for their consultations after having been abused by debt collectors and predatory lenders, harmed by mortgage servicing errors, or subjected to inaccurate and derogatory credit reporting. Until fairly recently, after filing bankruptcies for these folks, we usually...
Dead Debtors and Other Consequences of Czyzewski v. Jevic Holding Corp. in Consumer Cases
Print This Article
Link to Post:
By Lawrence R. Ahern, III
Background
In Chapter 11 cases in some jurisdictions, a debtor negotiating a settlement with a creditor has been given new tools. Management confronts a difficult process of reorganizing and confirming a plan in Chapter 11, on top of the costs associated with the case. The complex, if not arcane, requirements of section 1129 of the Bankruptcy Code can make confirmation seem to be an actual or practical impossibility for the debtor. The alternatives to reorganizing and obtaining a confirmed plan are two: conversion to Chapter 7 or . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
How My Law Firm Learned to Stop Leaving Money on the Table Part 2 – The “Other Appropriate Relief” of Rule 3001
2022 Bankruptcy Procedure Year in Review: Revised Statute and Rules and Selected Cases – Part 3 Rules Related to SBRA (Continued)
Taxes, Offset, and Mutuality
IRS Attempting to Collect on Virtual Currency
Critical Case Comment – Present Tense in § 544(b)
Possible Solution for Student Loans?
Diane Cipollone
The Government Shutdown and Chapter 13 Plan Arrearages – What Do We Do Now?
2019 Legislation Affecting Bankruptcy Practice
Critical Case Comment