Difference between revisions of "Bankruptcy"

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[http://www.lexology.com/library/detail.aspx?g=268ff416-986d-4d9f-ae4a-2646b3090815&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+Federal+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2014-11-21&utm_term= Perfection of Mechanics Liens & Other claims under Bankruptcy Stay]
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[https://uww.wfgnationaltitle.com/images/5/50/Bankruptcy_Flow_Summary.docx Assets in Bankruptcy Flow Chart]
  
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[[Abandoning/Surrendering Property]]
  
The general avoidance power is at 11 USC 544 .
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[[After Acquired Property]]
The trustee also has avoidance powers under 11 USC 547 for preferences.
 
“Transfer” includes a lien.  See s. 101(54) after BAPCPA
 
Section 546 places some limitations on the power of avoidance
 
  
547(e)(2) gives 30 days to perfect by recording a sale or mortgage of real property.
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[[Automatic Stay]]
Same for creating UCC Interests under 547(c)(3)(B) – but UCC itself may set a shorter time for perfecting.
 
  
Authority for filing to perfect not being a violation of the stay is 362(b)(3) as interpreted in In re Construction Supervision Services
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[[Debtor does not have all trustee powers in Ch. 13]]
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[[Does Filing Bankruptcy Sever Joint Tenancy?]]
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[[Domestic Support/Child Support]]
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[[Exempt Property]]
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[[Failure to Notice Creditors ]]
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[[FHA Bankruptcy Standards]]
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[[Fraudulent  or Preferential Transfers]]
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[[Refinancing while in Chapter 13]]
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[[Sale Free and Clear]]
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[[Sale Post Petition -- Innocent Purchaser]]
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[[Stripping of Liens in Bankruptcy]]
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[[Subchapter V, Chapter 11]]

Latest revision as of 12:17, 21 May 2021