Weltman is pleased to announce that Attorney Milos Gvozdenovic is licensed to practice in the State Bar of Washington, and is admitted to practice before the U.S. District Court for the Eastern District of Washington, and the U.S. District Court for the Western District of Washington.
According to Federal Bankruptcy Rule 3002.1, holders of secured claims on a Chapter 13 debtor's primary residence are required to file a detailed notice with the court for recovery of all post-petition fees, expenses and charges it seeks to recover from the debtor. The purpose of this requirement is "to promote further
Logic dictates that a decrease in bankruptcy filings would be an indicator of economic strength and stability. It could also be assumed that a decrease in bankruptcy filings would coincide with a low unemployment rate. But, that doesn't seem to be the case here.
A recent appellate decision handed down by the United States District Court in the Eastern District of Michigan provides some good news for unsecured creditors seeking larger dividends in Chapter 13 cases.