By Cathy Moran, Esq. (Redwood City, CA) After the pandemic, when the economy lurches back into motion, bankruptcy lawyers will confront a clutch of troubled Chapter 13 cases. In the face of disruption, distress, and the unknown, we'll be called on to guide clients forward, in one direction or another. Let's review the questions we'll need to answer in order...
Critical Case Comment
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By Henry E. Hildebrand, III, Chapter 13 Standing Trustee for the Middle District of Tennessee
Section 522(f) is effective immediately to treat as unsecured a judgment lien held by a creditor, but the full effect of that lien release is not available until the Chapter 13 case completes. (Thurman) In re Petersen, 561 B.R. 788 (Bankr. D.Utah November 8, 2016)
Case Summary
In February of 2012, Cyprus Credit Union obtained a judgment against the Petersens in an amount exceeding $16,000. When Cyprus obtained its judgment, it recorded a judgment lien . . .
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