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In re Price Funeral Home Inc.

Ruling
Debtor's disclosures approved over creditor's objection.
Procedural posture

A hearing was held to consider the final approval of a chapter 11 debtor's disclosure statement, and to consider confirmation of the debtor's plan of reorganization. A creditor with a lien on the debtor's real property objected to the statement, voted to reject the plan, and objected to confirmation. The debtor sought to have the plan confirmed pursuant to 11 U.S.C.S. § 1129(b) without the creditor's affirmative vote and over its objection.

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Commercial opinion summary, case decided on December 12, 2008 , LexisNexis #0209-051

In re Andrews

Ruling
Debtors motion for sanctions against creditors who withdrew claims after debtor objected denied.
Procedural posture

A bankruptcy debtor objected to claims filed by creditors which were bulk buyers of charged-off debts on the ground that the claims were barred by statutes of limitations and inadequately documented. The creditors withdrew the claims, and the debtor requested that the creditors be required to show cause why they should not be sanctioned based on their collection practices.

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Consumer opinion summary, case decided on September 30, 2008 , LexisNexis #1008-116

Neary v. Stamat (In re Stamat)

Ruling
Discharge denied due to debtors' nondisclosures.
Procedural posture

Plaintiff U.S. Trustee (UST) filed an adversary proceeding against defendant chapter 7 debtors, a husband and wife, seeking an order denying the debtors' discharge under 11 U.S.C.S. § 727(a)(2), (4), and (5). The case was tried to the court.

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Consumer opinion summary, case decided on September 24, 2008 , LexisNexis #1008-123

In re Rascento

Ruling
Case dismissed due to failure of chapter 13 plan to provide for better recovery than in chapter 7 and debtor's failure to appear.
Procedural posture

The chapter 13 debtor objected to a claim filed by the bank that held the mortgage on his residence, contending that the bank could not prove that it was the true owner of the note and that the note had been paid in full. The bank moved for relief from the automatic stay. The bankruptcy trustee moved to dismiss the bankruptcy, asserting that the debtor's plan did not comply with 11 U.S.C.S. §§ 1322 and 1325.

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Consumer opinion summary, case decided on September 22, 2008 , LexisNexis #1208-026

In re Cespedes

Ruling
Liability for early withdrawal from IRA was a penalty, not a tax, and not a priority claim.
Procedural posture

The IRS filed a proof of claim in a debtor's chapter 13 bankruptcy case for a 10 percent early withdrawal liability incurred by the debtor pursuant to 26 U.S.C.S. § 72(t). The debtor objected to the classification of the liability as a priority claim under 11 U.S.C.S. § 507(a)(8)(E), asserting that the claim was a general unsecured claim.

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Consumer opinion summary, case decided on September 08, 2008 , LexisNexis #1008-036

In re Alston

Ruling
Payment of credit card debt called for in separation agreement was a property settlement rather than a "domestic support obligation."
Procedural posture

The debtor's former spouse filed an objection to the confirmation of his chapter 13 plan, and the debtor objected to the claim of the spouse based on a provision in the parties' separation agreement.

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Consumer opinion summary, case decided on August 22, 2008 , LexisNexis #1208-036

In re Alexander

Ruling
Creditor whose claim was held dischargeable by bankruptcy court could nto relitigate issue in state court.
Procedural posture

Chapter 7 debtors moved to reopen their case in order to file a motion for sanctions against creditor, which had filed a state court action against them. The creditor contended that the debt in question was not discharged pursuant to 11 U.S.C.S. § 523(a)(3), which excepted from discharge debts that were neither listed nor scheduled for determination of dischargeability under 11 U.S.C.S. § 523(a)(2), (4) or (6).

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Consumer opinion summary, case decided on August 20, 2008 , LexisNexis #1008-118

In re Sheridan

Ruling
Debtor's request for early discharge prior to completion of plan payments granted.
Procedural posture

In a chapter 11 case filed by individual debtors, a married couple, a combined hearing to consider approval of their proposed disclosure statement and confirmation of their chapter 11 plan of reorganization was held. At issue was whether the plan was properly confirmed under 11 U.S.C.S. § 1129(a) and whether debtors' request for a discharge per 11 U.S.C.S. § 1141(d)(5)(B) was properly granted.

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Consumer opinion summary, case decided on July 14, 2008 , LexisNexis #0908-090

In re Marino

Ruling
Case filed to preclude arbitration and avoid legal fees related to equitable distribution proceeding dismissed for bad faith.
Procedural posture

The creditor, a law firm that represented a debtor in a highly contentious marital and equitable distribution proceeding, filed a motion to dismiss the debtor's chapter 7 petition under 11 U.S.C.S. § 707(a), alleging that the petition was not filed in good faith.

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Consumer opinion summary, case decided on May 20, 2008 , LexisNexis #0708-011

In re Fiero

Ruling
Case dismissed due to debtor's ability to repay debts.
Procedural posture

A creditor filed a motion to dismiss the chapter 7 case of a debtor pursuant to 11 U.S.C.S. § 707(a).

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Consumer opinion summary, case decided on May 12, 2008 , LexisNexis #0708-012