Discharge was violated, but sanctions are likely out of reach.
Unemployed for 16 months, surviving on food stamps, and living rent-free enabled a debtor to discharge student loans.
The 2005 amendments to Section 546(c) departed from state law under UCC § 2-702 by creating a federal rule making reclamation claims subordinate to existing secured claims and DIP financing.
A PACA trust lacks the hallmarks of a trust, so a failure to pay a produce supplier doesn’t give rise to a nondischargeable debt for defalcation while acting in a fiduciary capacity, Judge Goldgar says.
Pleas to injustice and unfairness failed to persuade the Seventh Circuit to depart from a state law exemption for wages.
Despite atrocious mortgage servicing, the circuit court cut a jury’s $3 million award of punitive damages to $582,000.
Someone forced into bankruptcy on account of medical bills will also be forced into chapter 13.
Court weighs the relative advantages of receivership versus bankruptcy in deciding whether to bar the filing of an involuntary bankruptcy.
Appeals courts won’t allow bankruptcy to shield debtors from paying parking tickets and fines incurred in the course of a chapter 13 case.
The lawyer whose waiver led to Wellness International avoided malpractice by the skin of his teeth.