Current Developments and Tricky Issues on the Horizon
Consumer bankruptcy practitioners should be aware of some issues that are brewing in this and other jurisdictions. Read on for more information.
Category: Practice Tips
Updates – Interest Rates, Dollar Amounts, Etc.
Interest rates, dollar amounts in the Bankruptcy Code, and means test data have all changed recently. Also, the CARES Act authorizing plans to be extended due to Covid has expired. Read on for details.
New EDKY Plan; New No-Look Fee Effective With Cases Filed On or After 12/1/21
The EDKY has a new chapter 13 plan form applicable to cases filed on or after Dec. 1, 2021. Read on for changes affecting secured claims and the no-look fee.
Electronic Disbursements to Debtors’ Attorneys
Attention Debtors’ Attorneys: You can now have my office pay your fees to you via direct deposit instead of by
Supreme Court Rules on Important Automatic Stay Issue
It’s a common situation: creditor repossesses a car prepetition; debtor files a chapter 13 case and asks for a return of the car. Does the creditor violate the automatic stay by retaining the car? Read about the Supreme Court’s January 14, 2021 opinion.
Sixth Circuit Opinion on 401(k) Contributions; Update on Zoom 341 Meetings
In this post I discuss the recent 6th Circuit decision on whether a debtor can exclude 401k contributions from disposable income, and I give an update on Zoom 341 meetings.
Update on Zoom 341’s; Tax Returns Not Filed; Mortgage Forbearance Agreements in Chapter 13
This post provides an update on Zoom 341’s and the procedure for emailing Zoom info to debtors’ attorneys; describes a new process for submitting proof that debtors have filed all required tax returns; and gives a short mention of modifying the plan to deal with mortgage payments that are suspended under a forbearance agreement.
Section 341 Meetings by Zoom in EDKY – Procedures
In the previous post I discussed general information about doing 341 meetings by Zoom. This post explains the procedure for scheduling, noticing, and conducting the meeting.
Section 341 Meetings by Zoom in EDKY – General Information
Starting April 15, 2020, all meetings of creditors in chapter 13 cases in the EDKY will be conducted via Zoom. In this post, I will address some general concerns practitioners might have about using Zoom for 341 meetings.
341’s via Videoconferencing; Stopping ACH Plan Payments; Prime Rate of Interest
Section 341 meetings will be conducted via Zoom. Prime interest rate is 3.25%. ACH bank drafts can be stopped on written request. Read on for details.
Chapter 13 Trustee, EDKY: Trustee's Blog 