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Year: 2014

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Detroit Pensioner’s Will Suffer Unprecedented Cuts Under Proposed Plan by Emergency Manager Kevyn Orr

June 20, 2014 Mike Shovan

As reported by the ABI: Detroit Emergency Manager Kevyn Orr laid out plans yesterday for changes to the city’s two retirement systems even as bankruptcy proceedings continue,

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Bankruptcy & Student Loan Relief

What are the Elements of a Discharge Violation Injunction?

June 19, 2014March 30, 2023 Mike Shovan

Robin Miller of CBAR reports: A debtor who alleges a violation of § 524(a)(2) must establish by clear and convincing evidence that the creditor (1)

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Bankruptcy & Student Loan Relief

Ohio Court Adopts “Economic Unit” Approach to “Household Size”

June 19, 2014April 6, 2023 Mike Shovan

Robin Miller of CBAR reports on a case that could have a dramatic impact on means testing: Rejecting the “heads on bed” and “IRS dependency”

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Discharge Student Loans

STUDENT LOAN ADMINISTRATIVE GARNISHMENTS ARE ON THE RISE!

June 19, 2014March 30, 2023 Mike Shovan

As reported by the American Bankruptcy Institute, the federal government is stepping up wage garnishments of student-loan borrowers who have defaulted on their loan. Administrative

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Bankruptcy & Student Loan Relief

The Majority View: Lien Strips are Valid in “Chapter 20” Proceedings!

June 19, 2014March 30, 2023 Mike Shovan

As reported by Robin Miller of CBAR: Agreeing with the one other Court of Appeals decision on the issue, In re Davis, 716 F.3d 331

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Discharge Student Loans

Senator Warren’s Student Loan Bill Gets Slammed! What’s Up Congress? We the People? Or – You the Aristocrats???

June 13, 2014March 30, 2023 Mike Shovan

As report in the Huffinton Post on June 13, 2014 – The Senate on Wednesday declined to approve a measure that would have enabled millions

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Bankruptcy & Student Loan Relief

Can You Exempt Inherited IRA’s Under the Federal Bankruptcy Exemption in Michigan?

June 13, 2014March 30, 2023 Mike Shovan

Today the Supreme Court, in a unanimous decision in Clark v. Rameker, 2014 WL 2608860 (U.S., June 12, 2014) (case no. 13-299), held that an inherited

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