#bankruptcy

Sarah Little

Oct 12, 20165 min read

Why You Did Not Reaffirm Your Mortgage Loan in Bankruptcy

We occasionally get calls from former clients about reaffirming their mortgage loan. A reaffirmation agreement is an agreement made...

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Sarah Little

Jun 1, 20161 min read

Supreme Court Ruling on Dischargeability of Debts Incurred by Fraud

In a 7-1 decision, with Justice Thomas dissenting, the United States Supreme Court reversed In re Ritz, 787 F.3d 312 (5th Cir., May 22,...

Sarah Little

Feb 26, 20161 min read

Creditor Does Not Become An Insider Simply Because It Purchases A Claim From An Insider

Before a bankruptcy court can confirm a Chapter 11 plan, it must determine if any persons voting to accept the plan are insiders. The...

Sarah Little

Jun 18, 20141 min read

United States Supreme Court rules that an IRA that is inherited from a parent is not exempt from cre

In a bankruptcy case decided last term, the United States Supreme Court affirmed the 7th Circuit's decision holding that funds in an...