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Tag Archives: Bankruptcy

Unsecured Creditor’s Post-Confirmation Claims Rejected (access required)

The 4th Circuit upholds a bankruptcy court’s rejection of an unsecured creditor’s claims in two Chapter 13 proceedings that were filed after entry of the court’s confirmation orders; we hold that debtors’ objections to the unsecured creditor’s proofs of claim ...

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Court Vacates Company’s ‘Staggering Sanctions’ (access required)

The 4th Circuit vacates a bankruptcy court’s “staggering sanctions” of $1.29 million in attorney’s fees and costs on creditor Blue Cross/Blue Shield of North Carolina and dismissal with prejudice of claims the creditor valued at over $10 million; although the ...

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Debtors May Use ‘Standard’ Amounts for Expenses (access required)

Debtors may take the full National and Local Standard amounts for expenses in their chapter 7 bankruptcy proceeding even though their actual expenses are less than the Standard amounts; the 4th Circuit upholds a bankruptcy court’s refusal to dismiss the ...

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