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Chapter 13 Lessons: Are Pre-Petition Arrearage Balloon Payments Permitted?

I was recently engaged in a Chapter 13 case after the debtor’s bankruptcy plan had already been confirmed (the case shall go unnamed). After reviewing the plan, I quickly learned that the debtor had secured a good deal for...more

Chapter 13: What Can I Do as a Creditor’s Attorney?

On the surface, Chapter 13 appears to provide creditors the same general remedies as other chapters of the Bankruptcy Code — the right to seek dismissal of the case (11 U.S.C. § 1307), the right to seek relief from the...more

Local Bankruptcy Rules Cannot Add Additional Chapter 13 Confirmation Requirements

Bankruptcy Judges cannot impose additional local chapter 13 confirmation requirements beyond those created by Congress, according to the Southern District of Illinois (the “District Court”). ...more

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