Problems And Materials on Debtor And Creditor Law

by Whaley, Douglas J.

• ISBN13: 9780735558625
• ISBN10: 0735558620
• Edition: 3rd
• Format: Hardcover
• Copyright: 2005-12-27
• Publisher: Wolters Kluwer

Summary

For a clear and straightforward explanation of the complexities of bankruptcy law, turn to this fully revised, problem-oriented casebook. PROBLEMS AND MATERIALS ON DEBTOR AND CREDITOR LAW, Third Edition, demystifies the new Bankruptcy Act as it illustrates and demonstrates important rules and concepts.This student-friendly casebook takes a practical approach to the subject:uses a lively mix of problems, text, and casescomprehensive coverage provides a solid introduction to the Bankruptcy Code, statutory rules, and issues of bankruptcy lawpopular problems approach allows students to focus on the 'nuts and bolts' of the law as it is actually applied in practicecarefully chosen cases demonstrate how the overall bankruptcy system worksclear and lucid writing stylesensible organization, beginning with an overview of bankruptcy lawmanageable length, due to the concise, efficient, and effective format of the bookThe new edition addresses:the new Bankruptcy Act, recently enacted by Congress after eight years of deliberationmajor statutory changes in bankruptcy law reflected in completely updated materialnew casesnecessary adjustments for class preparation, conveniently presented in the updated Teacher's Manual

Table of Contents

Preface	xvii
Acknowledgments	xix
Introduction to Debtor and Creditor Law	1	(32)
Overview of Bankruptcy Law	1	(4)
Creditors and Their Liens	5	(5)
Consensual Liens	6	(1)
Judicial Liens	7	(1)
Garnishment	7	(1)
Receivership	7	(1)
Assignment for the Benefit of Creditors	8	(1)
Statutory Liens	9	(1)
Mechanics' Liens	9	(1)
Artisans' Liens	9	(1)
Tax Liens	9	(1)
Many Others	9	(1)
Collection of Debts Outside of Bankruptcy	10	(8)
Collection Torts	10	(1)
Fair Debt Collection Practices Act	11	(1)
Bartlett v. Heibl	11	(4)
Heintz v. Jenkins	15	(3)
Fraudulent Transfers	18	(15)
Twyne's Case	18	(3)
Bay Plastics, Inc. v. BT Commercial Corp. (In re Bay Plastics, Inc.)	21	(12)
Commencement of the Case and Eligibility for Relief	33	(28)
Voluntary Proceedings	33	(4)
The ``Means Test''	34	(3)
Other Matters	37	(1)
Involuntary Cases	37	(12)
Petitioning Creditors	38	(2)
Grounds for Involuntary Bankruptcy Relief	40	(1)
In re Lough	40	(7)
Impact of Involuntary Petitions on the Debtor's Business	47	(1)
Penalizing Petitioning Creditors	48	(1)
Debtors' Eligibility for Relief	49	(3)
Municipalities and Chapter 9	49	(1)
Family Farmers and Fishermen and Chapter 12	49	(1)
Individuals and Chapter 13	50	(1)
Most Everyone Else and Chapters 7 and 11	50	(2)
Limitations on Repeat Bankruptcy Filings	52	(9)
Montgomery v. Ryan (In re Montgomery)	52	(2)
In re Sole	54	(7)
The Bankruptcy Estate	61	(46)
United States v. Whiting Pools, Inc.	61	(8)
In re Chris-Don, Inc.	69	(5)
Postpetition Earnings from Personal Services	74	(1)
Limits on Property of the Estate	75	(9)
In re Omegas Group, Inc.	76	(8)
Exclusions from Property of the Estate	84	(8)
Patterson v. Shumate	85	(7)
Exemptions and Lien Avoidance	92	(7)
Claiming the Exemption	99	(8)
Taylor v. Freeland & Kronz	99	(5)
In re Drenttel	104	(3)
The Automatic Stay	107	(22)
The Nature of the Stay	107	(12)
In re Cordle	109	(5)
In re Siciliano	114	(3)
In re Holford	117	(2)
Lifting the Stay	119	(10)
In re Indian Palms Associates, Ltd.	121	(8)
Claims	129	(26)
Allowance of Claims Generally	130	(2)
Estimation of Claims	132	(1)
Secured Claims	133	(6)
United States v Ron Pair Enterprises, Inc.	133	(6)
Priority Claims	139	(2)
Future Claims	141	(14)
In re UNR Industries, Inc.	142	(6)
California Dept. of Health Services v. Jensen (In re Jensen)	148	(7)
Discharge	155	(42)
Introduction	155	(1)
The Global Denial of Discharge	155	(13)
Norwest Bank Nebraska, N.A. v. Tveten	156	(9)
Bethea v. Robert J. Adams & Associates	165	(3)
Exceptions to Discharge	168	(15)
Field v. Mans	169	(8)
Berthiaume v. Pennsylvania Higher Education	177	(6)
Effect of Discharge	183	(1)
Reaffirmation	184	(11)
In re Jamo	186	(9)
Redemption	195	(1)
Protecting the Discharge	195	(2)
Avoidance Powers	197	(56)
Lien-Stripping	197	(9)
Dewsnup v. Timm	197	(9)
The Strong Arm Clause	206	(6)
Probasco v. Eads	208	(4)
Preferences	212	(21)
The Basic Definition	212	(3)
The Exceptions	215	(1)
Union Bank v. Wolas	216	(5)
In re Tolona Pizza Products Corp.	221	(4)
In re Roberds, Inc.	225	(8)
Setoff	233	(6)
In re Elcona Homes Corp.	234	(5)
Statutory Liens	239	(1)
Fraudulent Transfers	240	(8)
Rupp v. Markgraf	241	(7)
Trustee as Successor to Actual Creditor	248	(1)
Postpetition Transfers	249	(1)
Avoidance and Postponement of Certain Liens	250	(3)
Chapter 13 Cases	253	(54)
Eligibility for Relief	254	(2)
Source and Sufficiency of Income	255	(1)
The Codebtor Stay	256	(1)
The Chapter 13 Plan	257	(27)
Mandatory Plan Provisions	257	(1)
Permissive Plan Provisions	258	(1)
Treatment of General Unsecured Claims	259	(2)
Disposable Income	261	(1)
In re Gonzales	262	(9)
Treatment of Secured Claims	271	(1)
Treatment of Home Mortgages	272	(1)
Nobelman v. American Savings Bank	273	(4)
In re Guilbert	277	(5)
Krawczyk v. United States	282	(2)
Modification	284	(7)
In re Szostek	285	(6)
Discharge	291	(1)
Conversion and Dismissal of Chapter 13 Cases	292	(2)
The ``Involuntary'' Chapter 13	294	(13)
In re Fitzgerald	294	(6)
In re Tamecki	300	(7)
Reorganization in Chapter 11	307	(110)
Getting Started	307	(16)
In re The Leslie Fay Companies, Inc.	309	(14)
Running the Show	323	(50)
Use, Sale, or Lease of Property of the Estate; Cash Collateral	324	(1)
In re JKJ Chevrolet, Inc.	324	(6)
Executory Contracts	330	(1)
In re Pioneer Ford Sales, Inc.	331	(4)
In re Catapult Entertainment, Inc.	335	(7)
In re Rovine Corporation	342	(8)
In re Joshua Slocum, Ltd.	350	(7)
Leases	357	(1)
Obtaining Credit	358	(1)
In re Saybrook Manufacturing Co. Inc.	359	(5)
Selling Assets	364	(1)
In re Lionel Corporation	365	(8)
The Plan of Reorganization	373	(44)
Exclusivity	373	(1)
In re Century Glove, Inc.	374	(5)
Absolute Priority Rule	379	(1)
In re Ahlers	380	(6)
The §1111(b) Election	386	(2)
Classification of Claims	388	(1)
In re U.S. Truck Company, Inc.	388	(7)
Bank of America National Trust and Savings v. 203 North LaSalle Street Partnership	395	(17)
Impairment of Claims	412	(1)
In re Atlanta-Stewart Partners	413	(2)
Contents of the Plan	415	(1)
Postconfirmation	416	(1)
Family Farmer Reorganizations	417	(14)
Eligibility	417	(2)
Effect of Commencement of the Case	419	(1)
The Chapter 12 Plan	419	(1)
Confirmation of the Plan	420	(9)
Cram Down of Secured Claims	420	(1)
In re Fortney	420	(5)
In re Gough	425	(4)
Discharge	429	(2)
Jurisdiction	431	(22)
Basic Issues	431	(13)
In re Wood	432	(7)
In re Vicars Insurance Agency, Inc.	439	(5)
Jury Trials	444	(7)
In re Stansbury Poplar Place, Inc.	445	(6)
Appeals	451	(2)
Table of Cases	453	(4)
Table of Statutes and Regulations	457	(6)
Index	463