By Ken Siomos, Staff Attorney for Marsha L. Combs-Skinner (Newman, IL)
A small part of the recently passed “Cares Act” is the ability of Chapter 13 debtors experiencing a “material financial hardship” as a result of the covid-19 pandemic to modify their plan to 84 months.i Many Chapter 13 Trustee’s are likely anticipating a . . . → Read More: Covid-19 and the 7 Year Plan
SMALL BUSINESS REORGANIZATION ACT POSTSCRIPT
CARES Act Passed by Senate Increases Eligibility to Small Business Debtors with Aggregate Debts Up to $7,500,000 And Other Changes
Early last Thursday morning, the Senate passed a substitute for H.R. 748, called the “Coronavirus Aid, Relief, and Economic Security Act” (the “CARES Act”). The . . . → Read More: Bulletin: SBRA Postscript, the Definition of Income, and Changes to Section 1113(b)(1)(B) and (C)
By William H. Brown, Editor and Advisor, Academy for Consumer Bankruptcy Education, Inc. (d/b/a ConsiderChapter13.org)
Members of the Academy and regular speakers at NACTT’s annual seminars were recently elected as Fellows of the American College of Bankruptcy, representing recognition by the College of the important contributions by those in the consumer bankruptcy system.
Newly . . . → Read More: New Fellows of American College of Bankruptcy
By Alexander Schmidt1, Law Clerk, and The Honorable John P. Gustafson, United States Bankruptcy Court for the Northern District of Ohio (Toledo) You have never heard – or seen – the Monster Mash. What have you heard, is a song ABOUT the Monster Mash.
Let that sink in for a minute.
Inevitably, that . . . → Read More: Evidentiary Issues Arising from Attempts to Prove Alleged “Facts” Stated in The Monster Mash
By The Honorable Guy R. Humphrey, Southern District of Ohio
It is with heavy hearts that we in Dayton, Ohio say our farewells to Jeff Kellner as our Chapter 13 Trustee. Jeff will be concluding his duties as the Trustee on September 30th and handing the reins over to John Jansing on October 1st. . . . → Read More: A Sappy Farewell to Jeff Kellner as the Dayton Chapter 13 Trustee
By Academy Staff
Jeffrey M. Kellner graduated from THE Ohio State University in 1975. Between then and entering law school, Jeff worked in Montana for the park service. He graduated from Capital University College of Law in 1985. After law school, he worked for two years as a law clerk for Judge Calhoun in . . . → Read More: Kellner Retires
By Academy Staff
Jan P. Johnson served as a Chapter Standing 13 Trustee for the Eastern District of California, Sacramento Division, from 1998 to September 30, 2019. Prior to this appointment, he served as Chapter 13 Standing Trustee for the District of Puerto Rico from 1989 where he was responsible for over 25,000 cases. . . . → Read More: Johnson Retires
By Cathy Moran, Esq. (Redwood City, CA)
The Federal Reserve reported that 40% of Americans couldn’t meet a $400 emergency without borrowing. A significant slice of them couldn’t pay it at all.
So, a Bloomberg economist devoted his column to deconstructing how the press and political figures, in his opinion, misused that finding.
. . . → Read More: When $400 Emergency Pushes You Over the Edge
By Cameron Kelly & Michael Carroll, Law Students, The University of Texas School of Law
I. Starting the Journey
Instead of starting class by cold-calling people, Professor Westbrook chose to suspend my terror briefly. While I was thankful for the reprieve from what would inevitably be a disappointing cold call, I was more thankful . . . → Read More: The Bankruptcy Moot Court Experience – Duberstein 2019
By Rebecca Garcia and Jan Sensenich, Chapters 12 and 13 Standing Trustees
The Association of Chapter 12 Trustees (ACT2) had a wonderful day and a half conference in advance of the NACTT Seminar on July 15 and 16 in Indianapolis. In addition to Trustee participants, we had judges, debtors, and creditors counsel and representatives . . . → Read More: Chapter 12 and Act2/Conference Update