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Articles Posted in Chapter 11

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BAP Finding Affirms that a Spouse does Not need to be Directly Engaged in Fraud to have their Bankruptcy Discharge denied if the Fraudulent Conduct of the other Spouse can be Imputed to them

In In re: John Shart and Elke Gordon Shardt, an unpublished decision by the United States Bankruptcy Appellate Panel (BAP) for the Ninth Circuit, the BAP affirmed the bankruptcy court’s ruling that chapter 7 co-debtor’s spouse did not directly engage in fraudulent conduct, but remanded the action back to bankruptcy…

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Bankruptcy Court Permits Undersecured Creditor to Include Post-Petition Attorneys’ Fees as Part of its 1111(b) Secured Claim

In In re: Castillo, the Bankruptcy Court for Central District of California held that “after making an 1111(b) election, an undersecured creditor may include in its 1111(b) secured claim post-petition attorneys’ fees, but not post-petition interest.” Factual Background and Procedural History Chapter 11 debtor Idalia Roxana Castillo (Debtor) owned six…

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