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Tag Archives: Debtor
Bankruptcy Subchapter V Debtor Eligibility
Bankruptcy Code requires that a Subchapter V debtor be “currently engaged in commercial or business activities at the time of filing in order to be eligible as small business debtor.” In this case, the debtor filed for bankruptcy without intentions … Continue reading
Debtors 1 – Creditors 0
With persistence and determination, Ohio NACBA members were successful in persuading the republican controlled, Ohio legislature to raise the homestead exemption by over $100,000,00. Since then, trustees in Ohio have battled against the debtor’s use of the new exemption. The … Continue reading