Bankruptcy Info

Court – Gets Tough on Willful Violations of Automatic Stay – Car Impounded Twice

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Background Debtor Filed a Chapter 13 petition and listed parking fines in the bankruptcy petition. Parking Authority impounded the Debtor’s car for unpaid parking fines. Parking Authority impounded the debtor’s car a second time. Court Ruling: The stay violation is a Court Order where compensatory relief as a remedy for contempt of the automatic stay […]

Bankruptcy Info

Home with Value to Homeowners but Trustee Wants to Take – The Court Decides

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Background Couple/Debtors filed for Chapter 7 Bankruptcy. Debtors state their home was worth $108,000; they owed $91,581. Trustee argued that he wanted to sell the home and evict the homeowners. Trustee presented appraisal; and a realtor who said the property was worth $204,000 and felt the damages and the need for repairs were overstated. Debtors presented […]