Chapter 13 bankruptcy, Financial services and Judgment

Mere Retention of Property of the Estate Does Not Violate the Automatic Stay

Consumer Financial Services Law

JANUARY 22, 2021

Background The case arose from four separate chapter 13 bankruptcy cases in which the debtors sought to regain possession of their vehicles from the City of Chicago, which had seized and impounded the vehicles prepetition due to unpaid parking tickets and similar traffic fines. The case, City of Chicago v. Fulton, No.

Bankruptcy

Bankruptcy Chapter 13 bankruptcy Construction Debtor

Sixth Circuit Decision Highlights the Risk of Initiating Collection Remedies During the FDCPA’s Validation Period

BN Lawyers

JANUARY 14, 2019

Trott filed a response opposing the injunction, and just hours prior to the hearing on the motion for the preliminary injunction, Scott filed for Chapter 13 bankruptcy. The district court granted summary judgment, holding that Trott had ceased collection of the debt because Trott itself performed no more activity.

Foreclosure

Foreclosure Debt collector Chapter 13 bankruptcy Collections

Creditor Collections Today

Mere Retention of Property of the Estate Does Not Violate the Automatic Stay

Sixth Circuit Decision Highlights the Risk of Initiating Collection Remedies During the FDCPA’s Validation Period

Webinars

Stay Connected