Georgia Bankruptcy Blog

Georgia Bankruptcy Blog

Category Archives: Southern District Cases

Subscribe to Southern District Cases RSS Feed

Debtor Cannot Take Means Test Deduction For Student Loan Payments In Chapter 13, But May Pay Outside Plan With Interest, Says Southern District

Posted in Southern District Cases
In In re Brown, Ch. 13 Case No. 12-12316, 2013 Bankr. LEXIS 3696 (Bankr. S.D. Ga. Sept. 6, 2013), the Chapter 13 debtor deducted, on Line 57 of the Means Test, monthly student loan payments of $500 as a “deduction for special circumstances.”  In her Chapter 13 plan, she proposed to make direct payments of … Continue Reading

Debtor’s Apparent Draining of Bank Accounts Days Before Filing Chapter 7 Petition Leads To Turnover Order And Objection To Discharge

Posted in Southern District Cases
Bankruptcy lawyers regularly caution debtors to avoid unusual financial transactions, including credit card charges, cash withdrawals, and the like, prior to filing their case.  This is a case in which a pro se debtor withdrew several thousand dollars in the week before filing and got caught.  In addition, Debtor also requested, and initially received, approval … Continue Reading

There is no “Oops Defense” When Debtor Lies Or Misleads the Court In Schedules And Pleadings

Posted in Southern District Cases
Many debtors arrive in Bankruptcy Court having committed missteps, or even misconduct, in their financial affairs and dealings with others.  Even for these debtors, Bankruptcy is often an opportunity for them to get a "fresh start."  However, one of the requirements of this fresh start is that a debtor must be completely honest in documents … Continue Reading

Judge Barrett in S.D. Ga. Holds That Chapter 11 Plan May Include Lump Sum Balloon Payment For Priority Tax Claim

Posted in Southern District Cases
It is common for Chapter 11 debtors to have significant tax claims.  Under the Bankruptcy Code, tax claimants have priority status and must be paid in full, with interest, within sixty months of the petition date rather than the effective date of a plan. In  In re Jerath Hospitality, LLC, 484 B.R. 245, 2012 Bankr. … Continue Reading

Former UGA Coach Jim Donnan Faces More Bankruptcy And Civil Fraud Problems

Posted in News and Comments, Southern District Cases
Jim Donnan has more problems with the SEC, but this time it is the Securities and Exchange Commission and not the other football teams in the Southeastern Conference.  Donnan, the football coach for the Georgia Bulldogs from 1996-2000 was sued by the SEC on August 16, 2012 and accused of actively participating in and promoting a multi-million … Continue Reading

Southern District of Georgia: Small Business Chapter 11 Plan Must Be Filed Within 300 Days; Deadline Cannot Be Extended Pursuant To Section 105.

Posted in Small Business Bankruptcy, Southern District Cases
In re Randi’s, Inc., Ch. 11 Case No. 11-10431, Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} 2012 Bankr. LEXIS 2920 … Continue Reading

Do “Activists” Have Standing To Object To A Chapter 11 Plan Of Newspaper Publisher?

Posted in Southern District Cases
Seraphin v. Morris Publ’g Group LLC (In re Morris Publ’g Group LLC), 2010 Bankr. LEXIS 488, Ch. 11 Case No. 10-10134 (Bankr. S.D. Ga. Feb. 9, 2010). Morris Publishing Group and 15 affiliates filed Chapter 11 petitions on January 19, 2010.  The Debtors filed a prepackaged plan under which all classes were unimpaired.  A group of … Continue Reading

Title Lender TitleMax Files Chapter 11 In Southern District Of Georgia

Posted in Southern District Cases
From Deal Watch Blog - TitleMax, one of the largest title-lending companies in the U.S. and a frequent advertiser on Atlanta television stations, filed for bankruptcy in Savannah on Monday...The bankruptcy filing was triggered by the maturity of a $165 million loan from Merrill Lynch Mortgage Capital Inc. and Fortress Investment Group LLC. Savannah-based TitleMax … Continue Reading

U.S. Trustee Has Until Conclusion Of First Meeting Of Creditors To File Presumption Of Abuse Statement; But, Failed To Show Cause To Extend Deadlines For Motion To Dismiss Or Objection To Discharge

Posted in Southern District Cases
 In re Molitor,  — B.R. —-, 2008 WL 4155283 (Bkrtcy.S.D.Ga. Sep. 5, 2008) (J. Barrett). The first issue was whether the United States Trustee (“UST”) was required to file the § 704(b) presumption of abuse statement within 10 days of the “Commencement” or “conclusion” of the § 341 meeting of creditors. Debtor argues § 704(b)(1) requires the UST to … Continue Reading

Misc. Georgia Cases – Post-Petition PI Claim Not Ch. 13 Estate Property; Claim For Sales Taxes Disallowed In Individual Case

Posted in Middle District Cases, Southern District Cases
In re Foreman, No. 01-21400, 2007 WL 4170629 (Bankr. S.D. Ga. Nov. 26, 2007).  From the Westlaw blurb – Wrongful death action which arose postconfirmation, when Chapter 13 debtor’s husband was killed, and which no party asserted would have to be successfully prosecuted to enable debtor to fulfill her plan, was not included in “property … Continue Reading

SD Ga – Deceased Father’s Teachers Retirement Funds, Passed To Daughter After His Death, Not Property Of Daughter’s Bankruptcy Estate

Posted in Southern District Cases
1By: Scott B. Riddle, Esq. In re Hainlen, Case No. 06-10678, 2007 Bankr. LEXIS 1041 (Bankr. S.D. Ga. March 26, 2006)(Barrett). Debtor’s father was a teacher, and had a retirement annuity with the Teachers Retirement System of Georgia.  He designated his daughter, the debtor, as a beneficiary of 25% of the proceeds.  Upon his death, the debtor … Continue Reading

S.D. Ga. – Means Test Not Required Where Debtor Converted From Chapter 13 to Chapter 7, And Form B22C Reflects Below Median Income

Posted in Southern District Cases
In re Edwards, Case No. 06-20145, 2007 Bankr. LEXIS 1738 (Bankr. S.D. Ga. April 5, 2007)(Dalis).  Debtor converted her Chapter 13 case to a Chapter 7 case, and the clerk issued a Notice of Deficiency because the debtor had not filed her Means Test, Form B22A.  However, debtor’s Form B22C (Chapter 13 Statement of Monthly Current … Continue Reading

SD Ga – Motion To Continue Automatic Stay Not Moot Merely Because No Creditors Had “Taken Action” Prior To Filing Of Second Case

Posted in Southern District Cases
By: Scott B. Riddle, Esq.  In re James, 2007 Bankr. LEXIS 152 (Bankr. S.D. Ga. January 17, 2007)(J. Barrett).  Debtor filed her second case within a year, and filed a motion to continue the automatic stay beyond the thirty-day period of 11 U.S.C. §362(c)(3). The court denied the motion, as the debtor’s circumstances had not … Continue Reading

SD Ga – No Federal Jurisdiction Where Only Connection To Bankruptcy Estate Was Rejected Lease

Posted in Southern District Cases
Southeast Landco, LLC v. 150 Beachview Holdings, LLC, 2006 U.S. Dist. LEXIS 73098 (S.D. Ga. September 21, 2006) (Alaimo). A lawsuit was filed in federal court alleging breach of a real estate contract.  The basis for federal jurisdiction, the plaintiff argued, was that an individual who had a leasehold interest in the real property** at … Continue Reading

SD Ga – Judge Dalis Uses § 105 to Reimpose Stay to Debtors Otherwise Ineligible Under § 362(c)

Posted in Southern District Cases
11 U.S.C. §§ 105, 362(c); Automatic Stay; Extension of Stay for Repeat Filer In re Whitaker, 2006 Bankr. LEXIS 796, Case No. 05-1416 (Bankr. S.D. Ga. April 20, 2006) (Dalis) Debtors filed a Chapter 13 petition after the effective date of the BAPCA. The filing was their second within a year, the first case having … Continue Reading

SD Ga – Judge Dalis Uses § 105 to Reimpose Stay to Debtors Otherwise Ineligible Under § 362(c)

Posted in Southern District Cases
11 U.S.C. §§ 105, 362(c); Automatic Stay; Extension of Stay for Repeat Filer In re Whitaker, 2006 Bankr. LEXIS 796, Case No. 05-1416 (Bankr. S.D. Ga. April 20, 2006) (Dalis) Debtors filed a Chapter 13 petition after the effective date of the BAPCA. The filing was their second within a year, the first case having … Continue Reading

SDGa – Section 1325 (The “910″ Clause) Means that Secured Claims Cannot Be Bifurcated

Posted in Southern District Cases
11 U.S.C. §§ 506, 1325; Secured Claims In re Brown, 2006 Bankr. LEXIS 476, Case No. 05-21764 (Bankr. S.D. Ga. March 27, 2006)(Dalis) Debtor purchased a personal vehicle within 910 days of filing a Chapter 13 petition, and the creditor filed a claim stating that the vehicle debt was 100% secured. The debtor proposed a … Continue Reading