My Prediction on Bullard v. Hyde Park Savings Bank was Right Thank You

On December 21, 2014, I wrote for the NACTT Academy:

“This seems like a no-brainer to me.  Bankruptcy courts, at least in the Central District of California, deny chapter 13 plans all day giving debtors a chance to sharpen their pencils.  If every one of those could be appealed, the system would certainly go tilt.  Plus, the appeals would often become moot when a new plan is confirmed assuming the bankruptcy court would not allow the case to sit during the pendency of the appeal.  If the case is ultimately dismissed during the appeal, there would be new facts to put before the court of appeals which would be in the middle of reviewing the old facts.  A conundrum for sure.”

I’ll tell you more about the 9-0 ruling this afternoon.

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