Schwab: Exempting 100% Interest in Asset

AyobamiOfficial Form 106Cs Schedule C: The Property You Claim as Exempt, effective December 1, 2015, permits debtors to remove assets from the estate unless the trustee objects and proves the property is worth more than “any applicable statutory limit.” Judge … Continue reading

Posted in Court Rulings, The Law | Leave a comment

4TH CIRCUIT AFFIRMS REJECTION OF RIDE-THROUGH In re Jones 4th Cir. Jan 11 2010

4TH CIRCUIT AFFIRMS REJECTION OF RIDE-THROUGH In re Jones 4th Cir. Jan 11 2010 From: http://morganking.com/academyfolder/thisweekhotwire.htmL The chapter 7 debtor did not elect any of the options available for a purchase-money security interest in his car, to wit, redemption, reaffirmation, … Continue reading

Posted in Court Rulings | Leave a comment