Judge Raggi

United States v. Colasuonno

Defendant stood convicted of substantive and conspiratorial bank fraud and tax crimes, and he filed Chapter 7 bankruptcy after his initial sentencing. He argued that the automatic stay provision of the Bankruptcy Code, 11 U.S.C.S. § 362(a), temporarily halted his obligation to pay restitution and barred the United States District Court for the Southern District of New York from revoking his probation for nonpayment.
Stay did not bar judgment revoking probation and resentencing of debtor for bank fraud and tax crimes.
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Consumer case opionion summary, case decided on October 12,2012, LexisNexis #1112-008
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