Archives for February 2021

Supreme Court Issues Decision Addressing Retention of Debtor Property

Admin on February 28, 2021 Posted in Bankruptcy Law, Blog

The Supreme Court of the United States recently examined whether a creditor is required to turn over property of a bankruptcy estate to a debtor or trustee under the Bankruptcy Code’s automatic stay provision if the creditor lawfully possessed the property before bankruptcy was initiated and only passively possessed the property afterward. In this case, […]

How Would the Warren-Nadler Consumer Bankruptcy Reform Act Change the Bankruptcy Process?

Admin on February 15, 2021 Posted in Bankruptcy Law, Blog, General Bankruptcy

Both Senator Warren and Congressman Nader recently introduced the Consumer Bankruptcy Reform Act, which has been received as the biggest alteration of the United States Bankruptcy Code since the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. While the chance of the Act becoming law is low, the Act represents an interesting suggestion of […]