Meet a New Trustee

CATHY’S BACK!! CATHY’S BACK!!!!! After a brief absence, we are pleased as punch to have Cathy Moran back in our author rotation. Welcome back, Cathy. You have been missed. Hands up, everyone who has encountered a claim that a debt is non-dischargeable by reason of §523(a)(14). So, what’s this about credit cards and taxes?

MARK YOUR CALENDAR . . . NOW!!! NACTT 2025 - July 9-12 - Chicago Marriott Downtown Magnificent Mile

This series focuses on four bankruptcy-related bills that were enacted during the 116th Congress and signed into law on August 23, 2019.1 One bill, the Small Business Reorganization Act of 2019 (SBRA),2 appears in its entirety in Appendix B to this series and was summarized in Part I,3 along with the other bills signed on the same day. SBRA deals on its face with a non-consumer topic, but as we have seen, it will be of interest to Chapter 12 and 13 trustees, who may be asked to serve as small business Chapter 11 trustees.

When a below median debtor’s plan is based on best interest of creditor’s test, will future increase in income expose the debtor to a motion to modify to capture increase?

As of December 1, 2024, an adversary is no longer required to recover a car repossessed prepetition or is otherwise being held by a third party. Rule 7001(a) now excludes from the definition of an adversary “a proceeding by an individual debtor to recover tangible personal property under § 542(a).”