Five Things Trustees Should Know About the Small Business Reorganization Act of 2019

By Lawrence R. Ahern, III, Brown & Ahern (Nashville, TN)

Introduction

Four bankruptcy-related bills were enacted during the 116th Congress and signed into law on August 23, 2019.1 The legislation affected both business and consumer cases. One bill, the Small Business Reorganization Act of 2019 (SBRA),2 deals on its face with a non-consumer topic. However, it will be of great interest to Chapter 12 and 13 trustees, who may . . .

It looks like you are not signed in or registered! This content is only available to members.

Or sign in below:

No Author Biography has been linked to this Article.

A Practical Approach to Using Bankruptcy Rules Effectively

Caleb Chaplain

March 23, 2025

Part 6: Rule 9024 (Relief from a Judgment or Order) Mistakes are often made, even by bankruptcy judges. Bankruptcy Rule 9024, by incorporating Civil Rule 60 into bankruptcy cases, allows a bankruptcy court to correct mistakes either on their own sua sponte or at the request of a party. In requesting such relief, parties must be aware of the grounds in...

Members

Meet a Newish Trustee

The Academy

June 18, 2023

By Regina Logsdon, Academy Executive Director Erin M. McCartney was appointed as the Chapter 13 Standing Trustee for the District of Nebraska beginning on January 1, 2022. Erin stepped into metaphorically very large and capable shoes as she replaced retiring Kathleen Laughlin. Erin grew up in Illinois, graduating college from Bradley University in Peoria (Go Braves!). Law school required a...

Members

Critical Case Comment – Listing a Debt “Just in Case”

Henry E. Hildebrand, III

October 29, 2023

An interesting decision – one we would like for you to weigh in on. Did the Judge get it right? Is this a win for Creditors? Is this yet another case that requires more work from Debtors’ Counsel? Let us hear from you.

Members

Rescuing a Troubled Chapter 13: The Unseen Threat

February 24, 2019

By Cathy Moran, Esq. (Redwood City, CA) We all get sucked in, at some time, to try and rescue a Chapter 13 bankruptcy case gone bad. Make sure that you don’t let a bad situation get worse. Get your arms around §109(g). When only a do-over will do, don’t wait around. No Payments for Months The debtor came to me...

Members

Courts Continue to Fill in the Gaps on the Interplay of Bankruptcy and the FDCPA

March 7, 2021

By Chris Hawkins, Bradley Arant Boult Cummings LLP (Birmingham, AL) The Consumer Financial Protection Bureau (CFPB) published its debt collection final rule in the Federal Register on November 30, 2020, revamping the Fair Debt Collection Practices Act (FDCPA) for the first time since its enactment in 1977. Despite written comments submitted by several industry groups requesting clarity in areas where...

Members

Three-Way Split: Dividing the Cost of Neglected Notices

Henry E. Hildebrand, III

May 31, 2026

The obligations imposed on a mortgage servicer in accordance with Rule 3002.1 applies to a “paid in full” mortgage; failure of the creditor, debtor, and trustee to take any action or follow-up to an ignored notice of mortgage payment change justifies the imposition of sanctions against all three.

Members

New Judge Appointed

The Academy

June 15, 2025

John A. Dorsey, Jr., Selected for United States Bankruptcy Court in Rhode Island

2022 Bankruptcy Procedure Year in Review: Revised Statute and Rules and Selected Cases – Part 7 Selected Decisions Under Parts I and II of the Federal Rules of Bankruptcy Procedure

Lawrence R. Ahern, III

March 26, 2023

Introduction Amendments to 16 rules and new one new rule took effect December 1, 2022. Many reflected changes necessitated by the Small Business Reorganization Act of 2019 (SBRA),1 and had been in place in the same or similar form on an interim basis since that legislation took effect. Part 1 of this series summarized 2022 . . . It looks...

Members

FDIC and OCC Proposals Threaten Expansion of Predatory Lending

January 19, 2020

Two new proposals from the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) could make it easier for payday and other high-cost lenders to use banks as a fig leaf, allowing online lenders to offer predatory loans at interest rates that are prohibited under state law. Online lenders have become increasingly bold in...

Millions of ITINs Set to Expire in 2019; IRS Says Renew Early to Prevent Refund Delays

June 23, 2019

Nearly 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019 as the IRS continues to urge affected taxpayers to submit their renewal applications early to avoid refund delays next year. “We urge taxpayers with expiring ITINs to take action and renew the number as soon as possible. Renewing before the end of the...

Five Things Trustees Should Know About the Small Business Reorganization Act of 2019

Link to Post:

It looks like you are not signed in or registered! This content is only available to members.

Or sign in below:

Related Articles

A Practical Approach to Using Bankruptcy Rules Effectively

Meet a Newish Trustee

Critical Case Comment – Listing a Debt “Just in Case”

Rescuing a Troubled Chapter 13: The Unseen Threat

Courts Continue to Fill in the Gaps on the Interplay of Bankruptcy and the FDCPA

Three-Way Split: Dividing the Cost of Neglected Notices

New Judge Appointed

2022 Bankruptcy Procedure Year in Review: Revised Statute and Rules and Selected Cases – Part 7 Selected Decisions Under Parts I and II of the Federal Rules of Bankruptcy Procedure

FDIC and OCC Proposals Threaten Expansion of Predatory Lending

Millions of ITINs Set to Expire in 2019; IRS Says Renew Early to Prevent Refund Delays

Academy

Members

Website

Legal

Looking to Become a Member?

Webinars

Member Articles

Industry News

To get started, please let us know which of these best fits your current position: