By Lawrence R. Ahern III, Brown & Ahern (Nashville, TN) PART I: Statutes, Rules & Supreme Court (In)actions Introduction Click here for Part II Click here for Part III Click here for Part IV What is the effect of an arbitration clause in bankruptcy? When . . . It looks like you are not signed in or registered! This content...
From the Editor – Confirmation
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By The Honorable William Houston Brown (Retired)
Good faith in plan proposal. Plan was proposed in good faith, although petition was filed only 21 days after purchase of vehicle, when plan adequately protected creditor against risk of depreciation. Opinion reviews good faith factors for plan proposal. In re Sharp, 608 B.R. 546 (Bankr. D. Kan. 2019). Compare In re Broder, 607 B.R. 774 (Bankr. D. Maine 2019) (Retention of luxury boat while proposing to pay only 14% to unsecured creditors, along with other schedule issues, was evidence of bad faith, preventing confirmation.).
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