Ethics And Unbundling: Attorneys Agree With Clients About Unbundling Bankruptcy Services; But, Do Courts Agree With Attorneys About Unbundling Bankruptcy Services?

Part 3 – Bankruptcy Court Decisions

Tom Waldron, a former bankruptcy judge and current Advisor to the NACTT Academy, lives in Tucson, AZ.[email protected].

As this series suggested earlier, although unbundling legal services may have a place in bankruptcy cases, it is a place of almost assured scrutiny, at a minimum, and sanctions, as a distinct possibility. It is beyond the scope of this series to attempt to delineate the specific unbundling which may be approved or denied; however, existing case law highlights certain areas . . .

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From the Editor – Lien Modification

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By The Honorable William Houston Brown (Retired) Junior mortgage lienholder not affected by modifications of senior mortgage. Under Pennsylvania law, the prepetition modification of terms of the senior mortgage had recapitalized interest and costs already owed but had not created new liabilities. As a result, the junior mortgage holder was not materially prejudiced. The Chapter 13 debtors could avoid the...

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Critical Case Comment

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