BAPCPA at 10
On direct appeal, Seventh Circuit upholds Bankruptcy Judge Thorne by allowing chapter 13 debtors to retain anticipated refunds from earned income tax credits.
A case on the ability of state law to take property out of the estate after filing may not go to the Supreme Court.
Congress created a loophole in the hanging paragraph in Section 1325(a).
In the Fifth Circuit, chapter 7 trustees lock in higher compensation.
‘Stay and pay’ may not be permissible, but the remedies can be toothless.
Split decision allows a lender to take property out of an estate automatically.
BAPCPA amendments were a mess but cleaned up one issue on reclamation, according to Judge Graham.