The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
If You’re Gonna Bet the Farm, Maybe Play Against the House
Print This Article
Link to Post:
Gambling is inherently risky, but that rings even more true when a bankruptcy is involved. Section 727(a)(5) allows for denial of discharge if “the debtor has failed to explain satisfactorily, …. any loss of assets or deficiency of assets to meet the debtor’s liabilities.” 11 U.S.C. §727(a)(5). Recently, Bankruptcy Judge Timothy A. Barnes in Chicago wrote an opinion in which he comments about what gambling evidence could prove beneficial when defending against a 727(a)(5) action. In re Ferguson, 2021 Bankr. LEXIS 3026; 2021 WL 5029387 (Bankr. N.D. Ill. October 29 . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Danielle N. Gueck-Townsend
Staff Attorney for Kathleen A. Leavitt, Chapter 13 Standing Trustee for the District of Nevada (Las Vegas)
Danielle N. Gueck-Townsend has been a Staff Attorney for Chapter 13 Trustee, Kathleen A. Leavitt in Las Vegas since 2010. Prior to working for the Trustee’s office, she represented debtors in both personal and business bankruptcies in the Southern District of California.
Danielle received her Bachelor of Arts from University of Tulsa in Tulsa, Oklahoma and Juris Doctor from California Western School of Law in San Diego, California. She is licensed to practice law in California and Nevada.”
Related Articles
Avoidance Powers in Chapter 13 – Part 4 of 6
Post-Petition Causes of Action, Inheritances and Windfalls Are Property of the Estate and Must Be Reported to the Trustee – Part 3 of 5
Why Your Bankruptcy Client Doesn’t Understand You (And How to Fix the Problem)
Director’s Awards Recognize 19 Employees for Leadership, Service
2022 Bankruptcy Procedure Year in Review: Revised Statute and Rules and Selected Cases – Part 1 Amended Statute and Rules Amendments Not Related to SBRA
Arbitration in Bankruptcy: Reading Opinions & Tea Leaves in Recent Supreme Court & Lower Court Actions Part IV
Meet New Trustee Brian Tucci
Conflicting Interpretations: A Chapter 13 Trustee’s Compensation After Pre-Confirmation Dismissal or Conversion*Part 1 of 3
Arbitration in Bankruptcy: Reading Opinions & Tea Leaves in Recent Supreme Court & Lower Court Actions
Meet a New Trustee