Remove 2014 12
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Debtor may not Sell its Intellectual Property Free and Clear of Creditor’s Interests

ABI

John’s University School of Law American Bankruptcy Institute Law Review Staff Section 363 of title 11 of the United States Code (the “Bankruptcy Code”) allows a debtor to sell its bankruptcy assets free and clear of liens and interests only if certain circumstances are met. [1] Jae Hwang St. 22] [1] See 11 U.S.C. § 363 (2023). [2]

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Second Circuit Declines Class Certification to Debtors Seeking to Hold Creditor in Contempt of Discharge Injunction

ABI

John’s University School of Law American Bankruptcy Institute Law Review Staff A bankruptcy discharge order absolves debtors of their pre-bankruptcy debts and seeks to provide debtors with a fresh start to their financial life. 6] In March 2014, Bruce then moved to reopen her Chapter 7 case. Marybeth Ehlbeck St.

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Post-Petition Liabilities Arising from a Pre-Petition Guarantee are not Automatically Discharged

ABI

Schlundt , the United States District Court for the Eastern District of Wisconsin held that liabilities arising after the bankruptcy based on the debtor’s pre-bankruptcy guarantee were not subject to the debtor’s discharge. [2] 4] Debtor personally guaranteed the Restaurant’s obligations to Creditor. [5] 27] [1] 11 U.S.C. §

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Court Refused to Discharge Student Loans Until Debtor Reaches 70 Years Old

ABI

In general, a student loan may not be discharged under title 11 of the United States Code (the “Bankruptcy Code”) unless the debtor demonstrates “undue hardship.” [1] 2] The debtor, who was highly educated and had no dependents or ailments that prevented her from working, incurred student loan debt to finance her education in public health.

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Court Says Creditor Can Sue a Liquidating Trustee without Prior Permission

PBWT

The creditor, himself a trustee of the debtor’s employee stock-option plan, had standing to sue without prior court permission because his suit wasn’t brought on behalf of the bankruptcy estate. The debtor confirmed a liquidating plan that set up a post-confirmation trust. In re Foods , Inc. 14-02689, Adv. 2022 Bankr.

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Debts Based on Fraudulent Misrepresentations of Fact may not be Discharged

ABI

John's University School of Law American Bankruptcy Institute Law Review Staff Under title 11 of the United States Code (the “Bankruptcy Code”), a debtor may be discharged of his or her debts. [1] 5] On July 23, 2014, Jonathan Mover (“Mover”) initially loaned $150,000 to Jaurigui and Swing House. [6] Shoemaker St. Swing House”). [5]

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11th Cir. Reiterates That TILA Periodic Statements May Violate FDCPA

Collection Industry News

The appeal arose from a lawsuit brought by two Florida homeowners (“Debtors”) against their home loan servicer (“Servicer”) for alleged violations of the FDCPA and Florida’s Consumer Collection Practices Act. The statements also warned that failure to pay may result in the loss of Debtors’ home and provided options for payment.

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