CHAPTER 1: OVERVIEW OF BANKRUPTCY LAW1.1 INTRODUCTION
1.2 HISTORY OF BANKRUPTCY
1.201 Colonial United States
1.202 The Bankruptcy Act of 1898
1.203 The Chandler Act
1.204 The Bankruptcy Reform Act of 1978
1.205 The Bankruptcy Judges, United States Trustees, and Family Farmer Bankruptcy Act of 1986
1.206 The Bankruptcy Abuse Prevention and Consumer Protection Act
1.3 STRUCTURE OF THE CODE AND BANKRUPTCY PARTICIPANTS
1.301 Organization of Title 11
1.302 The Trustee
1.303 The United States Trustee
1.304 The Judge
1.305 The Debtor
1.306 The Creditor
1.4 TYPES OF RELIEF
1.401 Chapter 7
1.402 Chapter 11
1.403 Chapter 12
1.404 Chapter 13
1.405 Chapter 15
1.5 BANKRUPTCY ABUSE PREVENTION AND CONSUMER PROTECTION ACT OF 2005
1.6 GLOSSARY OF FREQUENTLY USED TERMS AND SUMMARIES OF RELATED CASE LAW
1.601 Adequate Protection
1.602 Applicable Commitment Period
1.603 Automatic Stay
1.604 Claim
1.605 Confirmation
1.606 Conversion
1.607 Core Proceeding
1.608 Cramdown
1.609 Cure and Maintain
1.610 Current Monthly Income
1.611 Discharge
1.612 Disposable Income
1.613 Domestic Support Obligation
1.614 Executory Contracts
1.615 Exemptions
1.616 Fee Application
1.617 Lien Avoidance
1.618 Means Test
1.619 Plan Modification
1.620 Reaffirmation
1.621 Serial Filers
1.622 “Till Rate”
1.623 Trustee (and Debtor-in-Possession)
CHAPTER 2: COMMENCEMENT OF A CASE2.1 ADMISSION TO PRACTICE IN BANKRUPTCY COURT
2.101 In General
2.102 Requirements for Admission
2.103 Practice by Attorneys Not Licensed in Virginia
2.104 Application and Certification Forms
2.105 Non-Attorney Representatives
2.106 Attorneys’ Ethical Obligations
2.2 INITIAL PLEADINGS
2.201 Petition
2.202 Matrix of Creditors
2.203 Creditor’s Address
2.204 Filing Fees
2.205 Amendment of Pleadings
2.206 Electronic Case Filing
2.3 SCHEDULES AND STATEMENTS
2.301 In General
2.302 Schedules A-J
2.303 Statements
2.304 Redaction of Personal Information
2.4 OTHER NECESSARY PLEADINGS AND PAPERS
2.401 Homestead Deed
2.402 Corporate Resolution
2.403 Additional Papers for Chapter 11 Cases
2.404 Chapter 12 Repayment Plan
2.405 Chapter 13 Repayment Plan
2.406 Most Recent Tax Return
2.407 Interest in Education IRA
2.408 Proof of Identity
2.409 Statement Disclosing Postpetition Change in Income
2.5 SUBSTANTIVE CONSOLIDATION AND JOINT ADMINISTRATION
2.501 In General
2.502 Substantive Consolidation
2.503 Joint Administration
2.6 ELIGIBILITY OF DEBTOR
2.601 In General
2.602 Briefing with Budget and Credit Counseling Entity
2.603 Section 109(g) Limitations on Eligibility
2.604 Chapter 7
2.605 Chapter 9
2.606 Chapter 11
2.607 Chapter 12
2.608 Chapter 13
2.7 TYPES OF PROCEEDINGS
2.701 “Adversary Proceedings” and “Contested Matters” Distinguished
2.702 Caption of the Pleadings
2.8 ADVERSARY PROCEEDINGS
2.801 Specific Actions Deemed Adversary Proceedings
2.802 Applicable Bankruptcy Rules: Part VII
2.803 Initial Pleadings
2.804 Service of Summons and Complaint
2.805 Discovery Conference and Required Disclosures
2.806 Pretrial Conference
2.807 Additional Forms Available at Eastern District Website
2.9 CONTESTED MATTERS
2.901 Initiation by Motion
2.902 Matters Commenced by Objection to Motion
2.903 Rules Applicable to Contested Matters
2.904 Form of Pleading
2.905 Filing Pleadings After Case Closed
2.906 Service
2.907 Response to a Motion
2.908 Local Rules
CHAPTER 3: AUTOMATIC STAY3.1 INTRODUCTION
3.101 The Statute
3.102 Purpose and Effect of the Automatic Stay
3.103 Voidness or Voidability of Actions in Violation of the Automatic Stay
3.104 Pre-Petition Claims
3.105 Property Interests Subject to Automatic Stay
3.106 Property Exempt from the Automatic Stay
3.107 Actions Excluded from the Automatic Stay
3.108 Co-Debtor Stay
3.109 Violations of the Automatic Stay
3.110 Duration of the Stay
3.2 RELIEF FROM THE AUTOMATIC STAY
3.201 The Statute
3.202 Bankruptcy Rule 4001
3.203 Stay Pending Appeal
3.204 Local Rules
3.205 Grounds for Relief from the Automatic Stay
3.206 Motion for Relief
3.207 Form of Motion
3.208 Ex Parte Relief
3.209 Notice
3.210 Notice to Adverse Parties
3.211 Expert Testimony
3.212 Non-Expert Opinion
3.213 Trial
3.214 Relief
3.215 “Comfort Orders”
CHAPTER 4: PROPERTY OF THE BANKRUPTCY ESTATE4.1 INTERESTS IN PROPERTY
4.101 Concepts
4.102 Property Owned with Another
4.103 Interests in Personal Property
4.104 Property Rights Personal to Debtor
4.2 INTERESTS IN REAL PROPERTY
4.201 Life Estates
4.202 Equity or Rights of Redemption
4.203 Leases and Contracts for Sale
4.204 Partition
4.205 Quiet Title
4.3 INTERESTS IN PROPERTY FROM A DIVORCE
4.301 Debtor’s Entitlement to the Asset
4.302 Necessity of Court Order or Property Settlement Agreement
4.303 Future Spousal Support
4.304 Vested Equitable Rights of Non-Debtor Spouse
4.4 INTERESTS ARISING UPON THE DEATH OF A NON-DEBTOR
4.401 In General
4.402 Death Occurring Before the Bankruptcy Filing
4.403 Death Occurring After the Bankruptcy Filing
4.404 Life Insurance Policies or Death Benefit Plans
4.405 Non-Retirement Spendthrift Trusts
4.5 PROPERTY INTERESTS PRESERVED FOR THE BENEFIT OF THE ESTATE
4.501 In General
4.502 Liens Securing Subordinated Claims
4.503 Miscellaneous Avoidable Transfers
4.504 Liens Securing Disallowed Claims
4.505 Effect of Avoidance
4.6 PROPERTY GENERATED POSTPETITION
4.601 In General
4.602 Proceeds
4.603 Rents
4.7 POSTPETITION ACQUISITIONS
4.701 In General
4.702 Bankruptcy Trustee Contracts
4.8 CONVERSIONS
4.801 Proceeding Converted from Chapter 11 to Chapter 7
4.802 Proceeding Converted from Chapter 13 to Chapter 7
4.9 INTERESTS IN PROPERTY RECOVERED BY TRUSTEE OR DEBTOR-IN-POSSESSION
4.901 In General
4.902 Property Recovered from a Custodian
4.903 Property Recovered Under the Trustee’s Strong Arm Powers
4.904 Recovered Preferences
4.905 Fraudulent and Voluntary Conveyances
4.906 Postpetition Transfers
4.907 Setoffs
4.908 Recoveries by Partnership Trustee
4.909 Attorney Fees
4.910 Recovery from a Colluding Buyer
4.10 POWERS EXERCISABLE FOR THE BENEFIT OF
A NON-DEBTOR
4.1001 Powers of Appointment
4.1002 Corporate Powers
4.1003 Failed Trusts
4.11 EXPIRED AND EXPIRING LEASES
4.1101 Commercial Leases
4.1102 Residential or Personal Property Leases
4.12 PROTECTION FOR INSOLVENT DEBTOR’S PROPERTY RIGHTS
CHAPTER 5: USE AND SALE OF PROPERTY5.1 THE TRUSTEE IN CASE ADMINISTRATION
5.101 Role of United States Trustee in Appointment and Supervision of Trustees
5.102 Election of Trustee at Meeting of Creditors
5.103 Administration by Debtor-in-Possession
5.104 Duties of a Trustee
5.105 Attorney-Client Privilege
5.106 Conduct of Section 341 Hearing
5.107 Scrutiny of Debtor’s Financial Affairs
5.108 Employment of Professionals
5.109 Distribution of Liquidated Estate
5.2 USE, SALE OR LEASE OF ASSETS OR PROPERTY—SECTION 363
5.201 Statutory Authority and Trustee’s Powers
5.202 Use, Sale, or Lease in Ordinary Course of Business
5.203 Use, Sale, or Lease Outside Ordinary Course of Business
5.204 Sales Free and Clear of Interests
5.205 Sale of Interests of Co-owners
5.206 Credit Bids by Secured Parties
5.207 Effect of Law or Contract Provisions Prohibiting Use, Sale, or Lease of Property of the Estate
5.208 Effect of Reversal or Modification upon Appeal
5.209 Prohibition Against Collusive Bidding
5.210 Bidding Procedures and Buyer Protection Devices
5.3 EXECUTORY CONTRACTS AND UNEXPIRED LEASES—SECTION 365
5.301 Introduction
5.302 Definitions
5.303 Assumption or Rejection
5.304 Time Periods to Assume or Reject
5.305 Trustee’s Duties or Obligations Pending Assumption or Rejection
5.306 Effect of Rejection
5.307 Assignment
5.308 Forfeiture Clauses
5.4 CASH COLLATERAL AND POSTPETITION FINANCING
5.401 Cash Collateral—Section 363
5.402 Postpetition Financing—Section 364
5.5 CONVERSION AND DISMISSAL OF CASES
5.501 In General
5.502 Conversion and Dismissal by Chapter
5.503 Bad Faith Dismissal—Section 109(g)
5.504 Effect of Conversion
5.505 Effect of Dismissal
5.506 Rules and Procedures for Dismissal or Conversion—Rule 1017
5.507 Other Grounds for Dismissal or Transfer
CHAPTER 6: DISCHARGE AND DISCHARGEABILITY6.1 DISCHARGE IN BANKRUPTCY GENERALLY
6.101 In General
6.102 Procedures for Objecting to Discharge
6.103 Time Limitations
6.104 Burden of Proof
6.2 CHAPTER 7 DISCHARGE
6.201 In General
6.202 Grounds for Objecting to Discharge
6.203 Revocation of Chapter 7 Discharge
6.3 CHAPTER 13 DISCHARGE
6.301 In General
6.302 Hardship Discharge
6.303 Limitation on Chapter 13 Discharge
6.304 Discharge of Postpetition Debts
6.305 Revocation of Chapter 13 Discharge
6.4 CHAPTER 11 DISCHARGE
6.401 In General
6.402 Not Granted in Liquidation
6.5 CHAPTER 12 DISCHARGE
6.501 Denial of Discharge
6.502 Revocation of Discharge
6.6 EFFECT OF DISCHARGE
6.601 In General
6.602 Enjoins Creditor Action
6.603 Release from Liability
6.604 Some Liens Still Enforceable
6.605 Liability of Co-Debtors or Makers
6.7 OBJECTIONS TO DISCHARGEABILITY OF SPECIFIC DEBTS
6.701 Objection to Discharge Versus Objection to Dischargeability of a Debt
6.702 Non-Dischargeable Debts
6.703 Procedures for Objecting to Dischargeability of a Debt
6.704 Time for Filing
6.705 Extensions of Time
6.706 Timing of Other Objections
6.707 Exceptions to the Dischargeability of Debts
CHAPTER 7: AVOIDANCE OF PRE- AND POSTPETITION TRANSFERS7.1 INTRODUCTION
7.2 SECTION 544: STRONG-ARM POWERS
7.201 Trustee as Judicial Lien Creditor
7.202 Trustee as Execution Lien Creditor
7.203 Trustee as Bona Fide Purchaser of Real Property
7.3 SECTION 545: STATUTORY LIENS
7.301 Insolvency Liens—Section 545(1)
7.302 Unperfected/Unenforceable Liens—Section 545(2)
7.303 Landlords’ Liens—Section 545(3) and (4)
7.304 Avoidance Powers Subject to Sellers’ Reclamation Rights
7.4 SECTION 547: PREFERENCES
7.401 Elements
7.402 Transfer of an Interest in Property
7.403 When Does a Transfer Occur?
7.404 Antecedent Debt
7.405 Transfer Made While Debtor Is Insolvent
7.406 Creditor Receives More Than if the Case Had Been a Chapter 7 Proceeding
7.407 Transfers to Insiders
7.408 Burden of Proof
7.409 Affirmative Defenses
7.5 SECTION 548: FRAUDULENT TRANSFERS
7.501 Actual Intent to Hinder, Delay, or Defraud
7.502 Transfers for Less Than Reasonably Equivalent Value
7.503 Reasonably Equivalent Value
7.504 Insolvency
7.505 Undercapitalization
7.506 Inability to Pay Debts
7.507 Transfer to Insider Under Employment Contract
7.508 Charitable Transfers
7.509 Protection of Good Faith Transferees
7.6 SECTION 549: POSTPETITION TRANSFERS
7.601 Transfers Made in the Ordinary Course of Business
7.602 Involuntary Transfers
7.603 Transfers to Good Faith Purchasers
7.604 Statute of Limitations
7.605 Jury Trial
7.7 SECTION 550: LIABILITY OF TRANSFEREE OF AVOIDED TRANSFER
7.701 In General
7.702 Limitations on Recovery
7.8 SECTION 551: AUTOMATIC PRESERVATION OF AVOIDED TRANSFER
7.9 LIMITATIONS ON AVOIDANCE POWERS
7.901 Seller’s Right of Reclamation
7.902 Certain Transfers Not Avoidable
CHAPTER 8: DEBTOR EXEMPTIONS AND AVOIDANCE ACTIONS8.1 EXEMPTION SYSTEM
8.2 METHOD OF CLAIMING EXEMPTIONS
8.201 Schedule C of the Bankruptcy Schedules
8.202 State Law Perfection
8.3 AVAILABLE EXEMPTIONS
8.301 Homestead Exemption
8.302 Poor Debtor’s Exemption
8.303 Other Exemptions
8.4 PROPERTY HELD AS TENANTS BY THE ENTIRETY
8.401 In General
8.402 Grant Must Be Specific
8.403 Real and Personal Property Coverage
8.404 Impact on Joint Bankruptcy Cases
8.405 Entireties Property Is Not Immune from Tax Liens
8.5 EXEMPTION PLANNING AND DEBTOR AVOIDANCE ACTIONS
8.501 In General
8.502 Trustee’s Ability to Retain or Offset Exempt Property
8.6 OBJECTIONS TO EXEMPTIONS
8.601 Deadlines for Objections
8.602 Deadlines for Objections to Amended Exemptions
8.603 Inappropriate or Frivolous Exemptions
8.604 Objection Period in Converted Cases
8.605 Basis for Objections
8.606 Basis for Attorney Fee Award for Litigation of Allowed Exemption
APPENDIX 8-1: HOMESTEAD DEED FOR REAL PROPERTY
APPENDIX 8-2: HOMESTEAD DEED FOR PERSONAL PROPERTY
APPENDIX 8-3: OBJECTION TO EXEMPTIONS
APPENDIX 8-4: COMMONLY USED EXEMPTION STATUTES
CHAPTER 9: CHAPTER 7: LIQUIDATION PLAN9.1 INTRODUCTION
9.101 Source of Law
9.102 Overview of the Process
9.103 Candidates for Chapter 7
9.104 Nature of the Discharge
9.105 Automatic Dismissal
9.2 PRE-INTERVIEW MAILING
9.201 Providing Advance Information
9.202 Alternatives to Bankruptcy
9.203 Pre-Consultation Questionnaire
9.204 Obtaining Client Credit Reports
9.205 Information and Materials
9.206 Prior Bankruptcies
9.207 Prior Homestead Deeds
9.3 INITIAL MEETING WITH CLIENTS
9.301 Explaining the Process
9.302 Relevant Factors
9.303 Choice of Chapter
9.304 Full Disclosure
9.305 Effect on Future Credit
9.306 Timing the Filing
9.307 Where to File
9.308 Client Communication
9.309 Handling Creditor Contacts
9.310 Debt Payments
9.311 Continued Use of Credit Cards
9.312 Redemption
9.313 Reaffirmation
9.314 Engagement Agreement
9.315 Recovery of Property
9.316 Protecting Cash Accounts
9.317 Pension or Retirement Accounts
9.318 Codebtors or Guarantors
9.319 Nondischargeable Debts
9.320 Tax Debts
9.321 Fraud and Other Problems
9.322 United States Trustee’s Office
9.323 Action List
9.4 PREPARATION OF SCHEDULES
9.401 Office Procedures
9.402 Encouraging Client Compliance
9.403 Attorney and Client Review
9.5 TITLE SEARCH ON REAL ESTATE
9.501 Reasons for the Search
9.502 Timing of the Title Search
9.503 Malpractice Concerns
9.6 VALUATION ISSUES
9.601 Verification of Payoff and Value
9.602 Perfection Issues
9.7 FILING THE BANKRUPTCY PETITION
9.701 General Information
9.702 Schedules of Debts
9.703 Schedules of Assets
9.704 Monthly Budget
9.705 Statement of Financial Affairs
9.706 Statement of Intention
9.8 AFTER THE PETITION IS FILED
9.801 Debtor’s Duties
9.802 Creditors’ Meeting
9.803 Subsequent Hearings
9.804 Working with the Trustee
9.805 Discharge
9.9 POSTPETITION CREDITOR ACTION
9.10 DISCRIMINATORY TREATMENT
9.1001 In General
9.1002 By Governmental Units
9.1003 By Private Employers
9.11 LEGAL AND ETHICAL ISSUES
9.1101 In General
9.1102 Protecting Assets
APPENDIX 9-1: CHECKLIST
APPENDIX 9-2: INITIAL QUESTIONNAIRE
APPENDIX 9-3: COVER LETTER ACCOMPANYING BANKRUPTCY SCHEDULES
APPENDIX 9-4: LETTER TO CLIENT
CHAPTER 10: CHAPTER 13: WAGE EARNER PLAN10.1 INTRODUCTION
10.2 NATURE OF A CHAPTER 13 CASE
10.201 In General
10.202 Choice of Chapters
10.3 INITIATING A CHAPTER 13 CASE
10.301 Chapter 13 Petition
10.302 Automatic Dismissal
10.303 Getting the Documents Together
10.304 Practice Pointers
10.4 FORMULATING AND FILING A CHAPTER 13 PLAN
10.401 In General
10.402 Form Chapter 13 Plan for Virginia
10.403 Drafting the Plan
10.5 GETTING TO CONFIRMATION: FROM PETITION TO THE CONFIRMATION HEARING
10.501 In General
10.502 Postpetition, Pre-Confirmation Motions and Orders
10.503 Section 341 Meeting of Creditors
10.504 From 341 Meeting to the Confirmation Hearing
10.6 CONFIRMATION OF THE PLAN
10.601 The Confirmation Hearing
10.602 Confirmation Criteria
10.603 Proving Confirmation over an Objection: Carrying the Burden of Proof
10.604 The Effect of Plan Confirmation
10.605 Effect of Plan Confirmation on Property of the Estate
10.7 POSTCONFIRMATION PRACTICE: WHAT CAN HAPPEN AFTER THE PLAN IS CONFIRMED
10.701 In General
10.702 Debtor Education
10.703 Claims Review
10.704 Postconfirmation Plan Modification
10.705 Postconfirmation Motions
10.8 COMPLETION AND DISCHARGE
10.801 Discharge Requirements
10.802 Debts that May Be Discharged
10.803 Hardship Discharge
10.804 Eligibility for Discharge in Future Case
10.805 Retention of Records and Reestablishment of Credit
APPENDIX 10-1: CHAPTER 13 CASES IN THE EASTERN AND WESTERN DISTRICTS OF VIRGINIA: ISSUES, “RED FLAGS,” AND DIFFERENCES
APPENDIX 10-2: STATEMENT OF CURRENT MONTHLY INCOME
CHAPTER 11: CHAPTER 11: REORGANIZATION11.1 INTRODUCTION
11.101 In General
11.102 Planning Stage
11.103 Early Days
11.104 Business Stabilization
11.105 Plan Process
11.106 Creditor Perspective
11.2 DEBTOR-IN-POSSESSION
11.3 UNSECURED CREDITORS COMMITTEES
11.4 OPERATING ISSUES
11.5 TRANSACTIONS IN THE ORDINARY COURSE OF BUSINESS
11.6 TRANSACTIONS OUTSIDE THE ORDINARY COURSE OF BUSINESS
11.7 EXAMINER-TRUSTEE
11.8 EXCLUSIVITY
11.801 Extension of Exclusivity
11.802 Termination of Exclusivity
11.9 ELEMENTS OF A CHAPTER 11 PLAN
11.10 DISCLOSURE STATEMENT
11.11 CONFIRMATION OF THE PLAN
11.12 EFFECT OF CONFIRMATION
11.13 POSTCONFIRMATION ISSUES
CHAPTER 12: JURISDICTIONAL ISSUES12.1 BANKRUPTCY JURISDICTION
12.101 History
12.102 Background
12.103 Jurisdiction
12.104 Referral from the District Court
12.105 Core Proceedings
12.106 Withdrawal of Reference
12.107 Abstention
12.2 SOVEREIGN IMMUNITY
12.201 Statutory Framework
12.202 Central Virginia Community College v. Katz
12.203 Lower Court Decisions Interpreting Katz
12.204 United States Supreme Court Cases Prior to Katz
12.205 Section 106
12.3 STATE COURT JUDGMENTS
12.301 The Rooker-Feldman Doctrine
12.302 Collateral Estoppel and Res Judicata
12.4 JURY TRIALS
12.401 Right to a Jury Trial
12.402 Jury Trial Demand
12.403 28 U.S.C. § 1411
12.404 Jury Trials in Removed Actions
12.405 Withdrawal of Reference
12.406 Waiver of Right to Jury Trial
CHAPTER 13: COMPENSATION FOR ATTORNEYS AND OTHER PROFESSIONALS13.1 PAYMENT OF DEBTOR’S COUNSEL IN CHAPTER 7 CASES
13.101 Source of Payment
13.102 Timing of Payment
13.103 Requirement for Disclosure
13.104 Court Review of Fees Charged by Debtor’s Counsel
13.105 Practice Pointer
13.2 PAYMENT OF DEBTOR’S COUNSEL IN CHAPTER 13 CASES
13.201 Source of Payment
13.202 Standard for Approval
13.203 Procedure
13.204 Supplemental Fees
13.205 Opinions Concerning Chapter 13 Fees
13.3 PAYMENT OF ESTATE PROFESSIONALS
13.301 Standard for Approval
13.302 Opinions Concerning Fee Awards for Estate Professionals
13.4 APPLICATIONS TO EMPLOY PROFESSIONALS
13.401 Submission and Service of Application
13.402 Necessity for Court Approval of Employment
13.403 Retroactive or “Nunc Pro Tunc” Approval of Employment
13.404 Approval of Individual Extends to Whole Firm
13.405 In-House Professionals
13.406 Who Is a Professional?
13.407 Qualifications for Employment
13.408 Procedure
13.5 DISINTERESTEDNESS
13.501 “Disinterested Person” Defined
13.502 Grounds for Disqualification
13.6 FIDUCIARY OBLIGATIONS OF PROFESSIONALS EMPLOYED BY THE ESTATE
13.601 Background
13.602 Fiduciary Obligation of Professionals
13.7 FEE APPLICATIONS
13.701 Statutory Framework
13.702 Bankruptcy Rules and Local Bankruptcy Rules
13.703 Sample Fee Application
13.8 UNITED STATES TRUSTEE GUIDELINES
13.801 Statutory Authority
13.802 The Guidelines
13.803 Guidelines for Larger Chapter 11 Cases
13.804 Assistance of Other Professionals
13.9 DISGORGEMENT IN THE ADMINISTRATIVELY INSOLVENT CASE
13.901 Applicable Bankruptcy Code Provisions
13.902 Whether Disgorgement of Fees Is Appropriate in Administrative Insolvency
13.10 ETHICAL ISSUES FOR ATTORNEYS
13.1001 Attorney’s Duties to Client
13.1002 Special Issues in Bankruptcy
13.1003 Attorneys as Debt Relief Agencies
APPENDIX 13-1: SAMPLE ENGAGEMENT AGREEMENT
APPENDIX 13-2: CONSULTATION AGREEMENT WITH NOTIFICATIONS
APPENDIX 13-3: LOCAL RULE 2016-1 (EASTERN DISTRICT)
APPENDIX 13-4: STANDING ORDER NO. 17-2 (EASTERN DISTRICT)
APPENDIX 13-5: STANDING ORDER NO. 15-1 WITH GUIDELINES (WESTERN DISTRICT)
APPENDIX 13-6: APPLICATION BY COUNSEL FOR A CHAPTER 13 DEBTOR FOR APPROVAL AND PAYMENT OF SUPPLEMENTAL FEES
APPENDIX 13-7: APPLICATION TO EMPLOY COUNSEL FOR A CHAPTER 11 DEBTOR-IN-POSSESSION
APPENDIX 13-8: APPLICATION FOR APPROVAL OF COMPENSATION BY DEBTOR’S COUNSEL IN A CHAPTER 13 CASE
APPENDIX 13-9: FINAL APPLICATION FOR COMPENSATION AND REIMBURSEMENT
APPENDIX 13-10: GUIDELINES FOR REVIEWING APPLICATIONS FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES
CHAPTER 14: TAX AND ACCOUNTING ISSUES14.1 INDIVIDUAL BANKRUPTCIES
14.101 Bankruptcy Estate a Separate Tax Entity
14.102 Initial Duties of Trustee
14.103 Trustee’s Duty to File Tax Returns
14.104 Trustee’s Liability for Estate Taxes
14.105 Computation of Tax
14.106 Administrative Expenses
14.107 Net Operating Losses
14.108 Property Taxes
14.109 Estimated Taxes
14.110 Abandonment of Property to the Debtor
14.2 CORPORATE BANKRUPTCIES
14.201 Taxable Entity
14.202 Tax Attributes
14.203 Filing Requirements
14.204 Subchapter S Corporations
14.3 PARTNERSHIP BANKRUPTCIES
14.301 Taxable Entity
14.302 Filing Requirements
14.303 Partnership Income
14.4 CANCELLATION OF DEBT
14.401 Cancellation of Debt (COD) Income Defined
14.402 Items That Do Not Constitute COD Income
14.403 COD Income That Is Excluded from Gross Income
14.404 Special Rules Relating to Partnerships and S Corporations
14.405 The Impact of Excluding COD Income
14.5 SECTION 505(B) 60-DAY CLEARANCE
14.501 Application for Determination of Unpaid Liability
14.502 Failure of IRS to Timely Respond
14.503 Expedited Audit
14.504 Audit When Income Insufficient to Require Return
14.505 Partnerships, Certain S Corporations, and Grantor Trusts Created Pursuant to a Confirmed Chapter 11 Plan
14.506 Request for Determination of Refund
14.507 Chapter 13 Cases
14.6 FEDERAL FORM W-2 AND RELATED TAX FILINGS
14.601 Trustee’s Responsibility for Wage-Related Tax Filings
14.602 Form W-2
14.7 FEDERAL FORM 1099
14.701 Trustee’s Responsibility to File
14.702 Distributions for Which Filing Is Not Required
14.703 Obtaining Required Information
14.8 OTHER TAXES
14.801 Sales Tax
14.802 Transfer Taxes
14.9 PENALTIES
14.901 Failure to File Return
14.902 Failure to Pay Tax
14.903 Failure to File Correct Information Returns
14.904 Failure to Furnish Correct Payee Statements
14.905 Penalty for Noncompliance with Electronic Filing Requirements
14.906 Relief from Tax Penalties
14.10 FINANCIAL REPORTING
14.1001 Full Disclosure of Financial Information
14.1002 Bankruptcy Schedules
14.1003 Statement of Financial Affairs
14.1004 Access to the Official Forms
14.1005 Monthly Operating Reports
14.1006 Small Business Requirements
14.1007 Other Reporting Requirements
14.1008 Financial Reporting When Entities Emerge from Chapter 11
APPENDIX 14-1: DEBTOR’S BALANCE SHEET—FRESH START ACCOUNTING
CHAPTER 15: CLAIMS AGAINST THE BANKRUPTCY ESTATE15.1 INTRODUCTION
15.2 PROOFS OF CLAIM
15.201 In General
15.202 Definition of Claim
15.203 Bar Date
15.204 Secured Claims
15.205 Mechanics of Filing and Maintaining Claims
15.206 Common Mistakes
15.207 Allowance of Claims and Objections
15.208 Effect of Filing a Proof of Claim
CHAPTER 16: BANKRUPTCY ETHICS VIOLATIONS, FRAUD, AND CRIME16.1 INTRODUCTION
16.2 ETHICS VIOLATIONS
16.201 In General
16.202 Attorney-Client Privilege and the Duty to Disclose
16.203 Violations of Federal Rule of Bankruptcy Procedure 9011
16.204 Duty to Disclose Adverse Authority
16.205 Ethical Issues with Electronic Case Filing
16.206 “Ghostwriting” in Bankruptcy Courts
16.207 Unauthorized Practice of Law in Bankruptcy Court
16.208 Flat Fees in Chapter 7 Cases
16.209 Courts’ Role in Enforcing Ethical Standards
16.3 BANKRUPTCY CRIMES
16.301 Criminal Intent
16.302 Concealment of Assets
16.303 False Oath
16.304 False Claims
16.305 Bribery
16.306 Fraudulent Transfers
16.307 Destruction, Concealment, or Withholding of Records
16.308 Embezzlement
16.309 Conflicts of Interest
16.310 Illegal Fee Agreements
16.311 Improper Petition Preparer Conduct
16.312 Bankruptcy Fraud
16.313 Statute of Limitations
16.314 Required Reference of Criminal Matters
16.4 RELATED CRIMES
16.401 Aiding and Abetting
16.402 Conspiracy
16.403 False Statements—Perjury
16.404 Wire, Mail, and Bank Fraud
16.405 Obstruction of Justice
16.406 Money Laundering
16.407 Racketeer Influenced and Corrupt Organizations (RICO)
16.5 PRACTICE CONSIDERATIONS
16.501 Pre-Bankruptcy Planning
16.502 Petition, Schedules, and Statements
16.503 Section 341 Meeting and the Debtor’s Duties
16.504 Attorney Fees: Agreements and Disclosure
16.505 Assets Sales
16.6 CONCLUSION
TABLE OF AUTHORITIES
INDEX