It's Not Easy for Individual Debtors to Succeed in Chapter 11 read more

Don't Wait to Object to De-Facto Substantative Consolidation in a Joint Chapter 11 Plan read more

Mission Prod. Holdings, Inc. v. Tempnology, LLC and a split between bankruptcy courts read more

Don't Believe Everything You Read: Filing a Short Form Bankruptcy to Stop a Foreclosure of Your Home Can Be a Very Bad Idea. read more

The "snapshot rule" holds that exemptions are fixed as of the date the debtor files his or her bankruptcy petition (the "petition date). The rule is based on two decisions of the United States Supreme Court: White v. Stump, 266 U.S. 310 (1924), and Myers v. Matley, 318 U.S. 622. read more